EHang Holdings Ltd EH.OQ reported a quarterly adjusted loss of 42 fen per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -14 fen. The lone analyst forecast for the quarter was for a loss of CNY1.06 per share.
Revenue fell 57.5% to CNY26.09 million from a year ago; analysts expected CNY150.94 million.
EHang Holdings Ltd shares had fallen by 17.0% this quarter and gained 10.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 429.3% 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 $28.01
This summary was machine generated from LSEG data May 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)