Evolv Technologies Holdings Inc expected to post a loss of 7 cents a share - Earnings Preview

Evolv Technologies Holdings

07/08/2024 03:59

* Evolv Technologies Holdings Inc  EVLV.OQ   EVLV.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8 for the period ending June 30 2024
    * The Houston Texas-based  company is expected to report a
20.3% increase in revenue to $23.842 million from $19.83 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Evolv Technologies
Holdings
Inc is for a loss of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $5.88​, above​ its last closing
price of $3.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.05       -0.07      -0.09     Missed  -35
 Jan. 1 2024   -0.07       -0.08      -0.07     Beat    8.7
 Sep. 30 2023  -0.09       -0.09      -0.08     Beat    11.1​
 Jun. 30 2023  -0.11       -0.11      -0.10     Beat    6.3
 ​​Mar.        -0.15       -0.15      -0.12     Beat    22.1
 31 2023                                                
 Dec. 31 2022  -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
 This summary was machine generated August 7 at 02:59 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)