Ecarx Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Ecarx Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Ecarx Holdings Inc. ECX.OQ reported a quarterly adjusted loss of 3 fen per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -94 fen. The lone analyst forecast for the quarter was for a loss of 21 fen per share.
Revenue fell 80% to CNY225.20 million from a year ago; analysts expected CNY1.54 billion.
Ecarx Holdings Inc.'s reported EPS for the quarter was a loss of 3 fen.
The company reported a quarterly loss of CNY12.2 million.
Ecarx Holdings Inc. shares had fallen by 18.6% this quarter and lost 39.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the integrated hardware & software peer group is also "buy"
Wall Street's median 12-month price target for Ecarx Holdings Inc. is $3.00, about 65% above its last closing price of $1.05
This summary was machine generated from LSEG data August 11 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.21 | -0.03 | Beat |
Mar. 31 2026 | -0.07 | -0.21 | Missed |
Dec. 31 2025 | 0.28 | 0.07 | Missed |
Sep. 30 2025 | -0.22 | 0.00 | Beat |
Recent news on Ecarx Holdings
See all newsEcarx Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
UK's ECARX Q2 revenue rises 45%, net loss narrows
Ecarx Holdings Inc. expected to post a loss of 21 fen a share - Earnings Preview
U.S. STOCKS ON THE MOVE-Abbvie, AMC, Getty
U.S. STOCKS ON THE MOVE-Getty Images, Ecarx, Maplight Therapeutics