Evolv Technologies Holdings Inc reports results for the quarter ended in December - Earnings Summary

Evolv Technologies Holdings

01/03/2023 22:46

* Evolv Technologies Holdings Inc  EVLV.OQ  reported a
quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for a loss of 14 cents per share.
    * Revenue rose 205.1% to $20.89 million from a year ago;
analysts
expected $12.92 million. 
    * Evolv Technologies Holdings Inc's reported EPS for the
quarter
was a loss of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.7%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Evolv Technologies Holdings Inc shares had risen by 6.2%
this
quarter.
    * The company reported a quarterly loss of $28.08 million.
    * Wall Street's median 12-month price target for Evolv
Technologies Holdings Inc is $5.40 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 10:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.14          -0.12          Beat
 Sep. 30 2022      -0.13          -0.13          Met
 Jun. 30 2022      -0.13          -0.12          Beat
 Mar. 31 2022      -0.12          -0.13          Missed