Eve Holding Inc reports results for the quarter ended in June - Earnings Summary

Eve Holding

06/08/2024 14:31

* Eve Holding Inc  EVEX.N  reported a quarterly adjusted
loss
of 13 cents​​ per share for the quarter ended in June, lower
than the same quarter last year, when the company reported EPS
of -11 cents.  The mean expectation of three analysts for the
quarter was for a loss of 13 cents per share. Wall Street
expected results to range from -14 cents to -13 cents per share.
    * Reported revenue was zero​; analysts expected zero. 
    * Eve Holding Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $36.39 million.
    * Eve Holding Inc shares had fallen by 33.3% this
quarter and
lost 63.1% 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 4 "strong buy" or "buy," 4
"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 Eve Holding Inc
is $7.75 
This summary was machine generated from LSEG data August 6 at
01:31 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
 Jun. 30 2024      -0.13          -0.13          Met
 Mar. 31 2024      -0.13          -0.09          Beat
 Dec. 31 2023      -0.23          -0.14          Beat
 Sep. 30 2023      -0.12          -0.11          Beat