Greenland Technologies Holding Corp expected to post earnings of 16  cents a share - Earnings Preview

Greenland Technologies Holding

10/08/2022 12:02

* Greenland Technologies Holding Corp  GTEC.OQ   GTEC.O  is
expected to show a fall in quarterly revenue when it reports 
results on August 12 (estimated). 
    * The East Windsor New Jersey-based  company is expected to
report
 a 2.7% decrease in revenue to $27.429 million from $28.2
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Greenland
Technologies
Holding Corp is for earnings of 16 cents per share. For the same
quarter last year, the company reported earnings of 26 cents per
share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 Greenland
Technologies Holding Corp is $14.5​, above​ its last closing
price of $4.61. ​​​

This summary was machine generated August 10 at 11:02 GMT.  All
figures in US dollars  unless otherwise stated