Ecarx Holdings Inc. expected to post a loss of 8 cents a share - Earnings Preview

Ecarx Holdings.

06/08/2024 19:31

* Ecarx Holdings Inc.  ECX.OQ   ECX.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 8 for
the period ending June 30 2024
    * The Shanghai-based  company is expected to report a
29.2% increase in revenue to $169.746 million from $131.4
million a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Ecarx Holdings Inc. is
for a
loss of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ecarx
Holdings
Inc. is $4.25​, above​ its last closing price of $1.57. ​​​

This summary was machine generated August 6 at 18:31 GMT.  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)