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EVGO Evgo News Story

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EVgo Inc expected to post a loss of 9 cents a share - Earnings Preview

EVgo Inc EVGO.OQ EVGO.O is expected to show a rise in quarterly revenue when it reports  results on March 4 for the period ending December 31 2024

The Los Angeles California-based  company is expected to report a 38.2% increase in revenue to $69.101 million from $49.99 million a year ago, according to the mean estimate from 11 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for EVgo Inc is for a loss of 9 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for EVgo Inc is $8.00‚Äč, above‚Äč its last closing price of $2.66. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDINGSTARMINESMARTESTIMATE¬ģLSEG IBES ESTIMATEACTUALBEAT, MET, MISSEDSURPRISE %
Sep. 30 2024-0.11-0.09-0.11Missed-19.3
Jun. 30 2024-0.08-0.09-0.10Missed-14.4
Mar. 31 2024-0.10-0.11-0.09Beat17.2‚Äč
Dec. 31 2023-0.14-0.19-0.12Beat35.2
‚Äč‚ÄčSep. 30 2023-0.19-0.21-0.09Beat57.8
Jun. 30 2023-0.25-0.27-0.08Beat70.1‚Äč
Mar. 31 2023-0.19-0.21-0.18Beat12.9
Dec. 31 2022-0.18-0.16-0.06Beat62.5
This summary was machine generated February 28 at 14:11 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)

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