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

IDEX Wind Down

09/11/2022 23:28

* Ideanomics Inc  IDEX.OQ  reported a quarterly adjusted
loss of 8
cents​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for a loss of 5 cents per
share.
    * Revenue fell 10.2% to $24.28 million from a year ago;
analysts
expected $43.20 million. 
    * Ideanomics Inc's reported EPS for the quarter was a loss
of 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.1%
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 15.6% this quarter and
lost 80.7% so far this year.
    * The company reported a quarterly loss of $38.85 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 November
9 at 11:28 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.05          -0.08          Missed
 Jun. 30 2022      -0.06          -0.08          Missed
 Mar. 31 2022      -0.06          -0.06          Met
 Dec. 31 2021      -0.08          -0.20          Missed