Ideanomics Inc expected to post a loss of 5  cents a share - Earnings Preview

IDEX Wind Down

15/07/2022 22:01

* Ideanomics Inc  IDEX.OQ   IDEX.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 15
(estimated). 
    * The New York City-based  company is expected to report  a
199.9% increase in revenue to $33.2 million from $11.07 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ideanomics Inc is
for a
loss of 5 cents per share. For the same quarter last year, the
company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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 Ideanomics
Inc is
$2​, above​ its last closing price of $0.70. ​​​

This summary was machine generated July 15 at 21:01 GMT.  All
figures in US dollars  unless otherwise stated