EVgo Inc reports results for the quarter ended June 30 - Earnings Summary
EVgo Inc reports results for the quarter ended June 30 - Earnings Summary
EVgo Inc EVGO.OQ reported a quarterly adjusted loss of 15 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -10 cents. The mean expectation of nine analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -13 cents to -9 cents per share.
Revenue fell 15.7% to $82.65 million from a year ago; analysts expected $79.91 million.
EVgo Inc's reported EPS for the quarter was a loss of 15 cents.
The company reported a quarterly loss of $20.77 million.
EVgo Inc shares had fallen by 9.4% this quarter and lost 40.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.3% 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 7 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."
Wall Street's median 12-month price target for EVgo Inc is $3.50, about 50.6% above its last closing price of $1.73
This summary was machine generated from LSEG data August 5 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 2026 | -0.11 | -0.15 | Missed |
Mar. 31 2026 | -0.12 | -0.12 | Met |
Dec. 31 2025 | -0.07 | -0.04 | Beat |
Sep. 30 2025 | -0.09 | -0.09 | Met |