Greenland Technologies Holding Corp reports results for the quarter ended in December - Earnings Summary

Greenland Technologies Holding

30/03/2023 14:31

* Greenland Technologies Holding Corp  GTEC.OQ  reported a
quarterly adjusted loss of 8 cents​​ per share for the quarter
ended in December. The mean expectation of two analysts for the
quarter was for earnings of 8 cents per share.
    * Revenue fell 16.6% to $19.13 million from a year ago;
analysts
expected $23.63 million. 
    * Greenland Technologies Holding Corp's reported EPS for the
quarter was a loss of 8 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Greenland Technologies Holding Corp shares had fallen
by 21.1%
this quarter.
    * The company reported a quarterly loss of $993 thousand.
    * Wall Street's median 12-month price target for Greenland
Technologies Holding Corp is $12.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 30 at 01:30 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.08           -0.08          Missed
 Sep. 30 2022      0.13           0.10           Missed
 Jun. 30 2022      0.16           0.13           Missed
 Mar. 31 2022      0.09           0.16           Beat