EHang Holdings Ltd EH.OQ reported quarterly adjusted earnings of 14 fen per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 1 fen. The mean expectation of two analysts for the quarter was for a loss of 74 fen per share. Wall Street expected results to range from -87 fen to -61 fen per share.
Revenue rose 44.8% to CNY147.16 million from a year ago; analysts expected CNY180.98 million.
EHang Holdings Ltd's reported EPS for the quarter was a loss of CNY1.12.
The company reported a quarterly loss of CNY80.79 million.
EHang Holdings Ltd shares had risen by 2.5% this quarter and gained 13.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 14.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"
Wall Street's median 12-month price target for EHang Holdings Ltd is $27.00, about 34.1% above its last closing price of $17.79
This summary was machine generated from LSEG data August 26 at 01:31 p.m. UTC. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)