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

Electrameccanica Vehicles

14/05/2021 02:47

* Electrameccanica Vehicles Corp  SOLO.OQ  reported quarterly
breakeven results​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was for a
loss of 8 cents per share.
* Revenue rose 57.3% to C$184.00 thousand from a year ago; 
analysts expected C$153.00 thousand. 
* Electrameccanica Vehicles Corp's reported EPS for the quarter
was breakeven results​.
* The mean earnings estimate of analysts had risen by
about 25.8% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Electrameccanica Vehicles Corp shares had fallen by 31.5% this
quarter and lost 48.0% so far this year.
* The company reported a quarterly loss of C$181 thousand.
* Wall Street's median 12-month price target for
Electrameccanica Vehicles Corp is $9.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 14 at 01:47 a.m. GMT.
​All figures in Canadian dollars