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

Evgo

02/08/2023 23:41

* EVgo Inc  EVGO.OQ  reported a quarterly adjusted loss of 8
cents​​ per share for the quarter ended in June. The mean
expectation of eleven analysts for the quarter was for a loss
of 27 cents per share.
    * Revenue rose 457% to $50.55 million from a year ago;
analysts
expected $29.59 million. 
    * EVgo Inc's reported EPS for the quarter was a loss of 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 25.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * EVgo Inc shares had risen by 9.0% this quarter and
lost 2.5% so
far this year.
    * The company reported a quarterly loss of $7.03 million.
    * Wall Street's median 12-month price target for EVgo Inc is
$9.00
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 10:41 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.27          -0.08          Beat
 Mar. 31 2023      -0.21          -0.18          Beat
 Dec. 31 2022      -0.16          -0.06          Beat
 Sep. 30 2022      -0.15          -0.19          Missed