Electrameccanica Vehicles Corp reports results for the quarter ended in December - Earnings Summary

Electrameccanica Vehicles

22/03/2022 22:18

* Electrameccanica Vehicles Corp  SOLO.OQ  reported a
quarterly
adjusted loss of 19 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for a loss of 14 cents per share.
    * Revenue rose 529.5% to C$1.90 million from a year ago; 
analysts
expected C$1.04 million. 
    * Electrameccanica Vehicles Corp's reported EPS for the
quarter
was a loss of 19 cents​.
    * 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. 
    * Electrameccanica Vehicles Corp shares had risen by 4.4%
this
quarter.
    * The company reported a quarterly loss of C$21.24 million.
    * Wall Street's median 12-month price target for
Electrameccanica
Vehicles Corp is $10.50 
    * 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." 

This summary was machine generated March 22 at 10:18 p.m.  ​All
figures in Canadian dollars unless otherwise stated