Greenland Technologies Holding Corp expected to post earnings of 4 cents a share - Earnings Preview

Greenland Technologies Holding

16/08/2024 09:02

* Greenland Technologies Holding Corp  GTEC.OQ   GTEC.O  is
expected to show a rise in quarterly revenue when it reports 
results  for the period ending September 30 2024
    * The East Windsor New Jersey-based  company is expected to
report
a 23.6% increase in revenue to $27 million from $21.84 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Greenland Technologies
Holding
Corp is for earnings of 4 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 $9.50​, above​ its last closing
price of $1.62. ​​​

This summary was machine generated August 16 at 08:02 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)