Kandi Technologies Group Inc expected to post a loss of 7  cents a share - Earnings Preview

Kandi Technologies

11/03/2022 13:32

* Kandi Technologies Group Inc  KNDI.OQ   KNDI.O  is
expected
to show a rise in quarterly revenue when it reports  results on
March 15. 
    * The Jinhua Zhejiang-based  company is expected to report 
a
1.3% increase in revenue to $32.8 million from $32.39 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kandi Technologies
Group
Inc is for a loss of 7 cents per share. For the same quarter
last year, the company reported a loss of 20 cents per share.
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the auto & truck
manufacturers peer group is also "Buy".​
    * Wall Street's median 12-month price target for Kandi
Technologies Group Inc is $5​, above​ its last closing price
of $3.11. ​​​

This summary was machine generated March 11 at 13:32 GMT.  All
figures in US dollars  unless otherwise stated