Ideanomics Inc reports results for the quarter ended in December - Earnings Summary

IDEX Wind Down

02/09/2022 21:54

* Ideanomics Inc  IDEX.OQ  reported a quarterly adjusted
loss
of 20 cents​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for a loss of 8 cents
per share.
    * Revenue rose 137.1% to $26.25 million from a year ago;
analysts
expected $35.40 million. 
    * Ideanomics Inc's reported EPS for the quarter was a loss
of 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 60%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ideanomics Inc shares had fallen by 12.5% this quarter and
lost 51.7% so far this year.
    * The company reported a quarterly loss of $191.49 million.
    * Wall Street's median 12-month price target for Ideanomics
Inc is
$1.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
2 at 08:54 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2021      -0.08          -0.20          Missed
 Sep. 30 2021      -0.01          -0.11          Missed
 Jun. 30 2021      -0.01          -0.03          Missed
 Mar. 31 2021      -0.03          0.01           Beat