Evolv Technologies Holdings Inc expected to post a loss of 8 cents a share - Earnings Preview

Evolv Technologies Holdings

27/02/2024 21:25

* Evolv Technologies Holdings Inc  EVLV.OQ   EVLV.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 29 for the period ending December 31 2023
    * The Houston Texas-based  company is expected to report a
7.4% decrease in revenue to $19.331 million from $20.89 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 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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 $8.25​, above​ its last closing
price of $4.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2023  -0.15       -0.15      -0.12     Beat    22.1​
 Dec. 31 2022  -0.14       -0.14      -0.12     Beat    11.8
 ​​Sep.        -0.15       -0.13      -0.13     Met     0
 30 2022                                                
 Jun. 30 2022  -0.13       -0.13      -0.12     Beat    7.7​
 Mar. 31 2022  -0.12       -0.12      -0.13     Missed  -10.6
 Dec. 31 2021              -0.10      0.02      Beat    119
 This summary was machine generated February 27 at 21:24 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)