Hyzon Motors Inc reports results for the quarter ended in June - Earnings Summary

Hyzon Motors

08/06/2023 19:23

* Hyzon Motors Inc  HYZN.OQ  reported a quarterly adjusted
loss
of 10 cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 10
cents per share.
    * Revenue was $46.00 thousand​; analysts expected $3.38
million. 
    * Hyzon Motors Inc's reported EPS for the quarter was 16
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. 
    * Hyzon Motors Inc shares had fallen by 10.1% this
quarter and
lost 52.7% so far this year.
    * The company reported quarterly net income of $42 million.
    * Wall Street's median 12-month price target for Hyzon
Motors Inc
is $4.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
8 at 06:22 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.10          -0.10          Met
 Mar. 31 2022      -0.09          -0.09          Met
 Dec. 31 2021      -0.12          -0.14          Missed
 Sep. 30 2021      -0.08          -0.02          Beat