Evolv Technologies Holdings Inc expected to post a loss of 11 cents a share - Earnings Preview

Evolv Technologies Holdings

09/08/2023 03:04

* Evolv Technologies Holdings Inc  EVLV.OQ   EVLV.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 10. 
    * The Houston Texas-based  company is expected to report  a
57.4% increase in revenue to $14.276 million from $9.07 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Evolv Technologies
Holdings 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 4 "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. ​
    * Wall Street's median 12-month price target for Evolv
Technologies Holdings Inc is $7​, above​ its last closing price
of $6.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.15       -0.15      -0.12     Beat    22.1
 Dec. 31 2023  -0.14       -0.14      -0.12     Beat    11.8
 Sep. 30 2022  -0.15       -0.13      -0.13     Met     0​
 Jun. 30 2022  -0.13       -0.13      -0.12     Beat    7.7
 ​​Mar.        -0.12       -0.12      -0.13     Missed  -10.6
 31 2022                                                
 Dec. 31 2021              -0.10      0.02      Beat    119​
 Sep. 30 2021  -0.10       -0.10      0.16      Beat    265.5
 Jun. 30 2021  -0.18       -0.17      -0.33     Missed  -94.1
 This summary was machine generated August 9 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated