EHang Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

EHang Holdings

18/11/2024 14:36

* EHang Holdings Ltd  EH.OQ  reported quarterly adjusted
earnings
of 3 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -12 cents.  The mean expectation of two analysts
for the quarter was for a loss of 12 cents per share. Wall
Street expected results to range from -12 cents to -12 cents per
share.
    * Revenue rose 257.9% to $18.26 million from a year ago;
analysts
expected $16.29 million. 
    * The company reported a quarterly loss of $9.84 million.
    * EHang Holdings Ltd shares had risen by 17.0% this
quarter and
lost 1.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"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 $22.00 
This summary was machine generated from LSEG data November 18 at
02:36 p.m. UTC. ​All figures in US dollars 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.12          0.03           Beat
 Mar. 31 2024      -0.12          0.00           Beat
 Mar. 31 2024      -0.09          -0.02          Beat
 Dec. 31 2023      -0.15          -0.04          Beat