EVgo Inc expected to post a loss of 11 cents a share - Earnings Preview

Evgo

03/05/2024 16:32

* EVgo Inc  EVGO.OQ   EVGO.O  is expected to show a rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Los Angeles California-based  company is expected to
report
a 107.1% increase in revenue to $52.389 million from $25.3
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for EVgo Inc is for a loss
of 11
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months. ​
    * Wall Street's median 12-month price target for EVgo Inc is
$6.00​, above​ its last closing price of $1.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.14       -0.19      -0.12     Beat    35.2
 Sep. 30 0001  -0.19       -0.21      -0.09     Beat    57.8
 Jun. 30 2023  -0.25       -0.27      -0.08     Beat    70.1​
 Mar. 31 2023  -0.19       -0.21      -0.18     Beat    12.9
 ​​Dec.        -0.18       -0.16      -0.06     Beat    62.5
 31 2022                                                
 Sep. 30 2022  -0.13       -0.15      -0.19     Missed  -26.7​
 Jun. 30 2022  -0.14       -0.16      0.06      Beat    136.5
 Mar. 31 2022  -0.12       -0.13      -0.21     Missed  -60.7
 This summary was machine generated May 3 at 15:32 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)