Greenland Technologies Holding Corp expected to post earnings of 7 cents a share - Earnings Preview

Greenland Technologies Holding

26/03/2024 13:08

* Greenland Technologies Holding Corp  GTEC.OQ   GTEC.O  is
expected to show a rise in quarterly revenue when it reports 
results on March 28 (estimated) for the period ending December
31 2023
    * The East Windsor New Jersey-based  company is expected to
report
a 9.8% increase in revenue to $21 million from $19.13 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Greenland Technologies
Holding
Corp is for earnings of 7 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 $2.30. ​​​

This summary was machine generated March 26 at 13:08 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)