Microvast Holdings Inc MVST.OQ MVST.O is expected to show a rise in quarterly revenue when it reports results on May 12 for the period ending March 31 2025
The Stafford Texas Texas-based company is expected to report a 30.3% increase in revenue to $106.001 million from $81.35 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Microvast Holdings Inc is for a loss of 1 cent per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the electrical components & equipment peer group is also "Buy".
Wall Street's median 12-month price target for Microvast Holdings Inc is $3.00, above its last closing price of $2.20.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.00
-0.01
Missed
Sep. 30 2024
-0.06
0.05
Beat
176.9
Jun. 30 2024
-0.08
-0.07
-0.21
Missed
-200
Mar. 31 2024
-0.09
-0.07
-0.04
Beat
46.7
Dec. 31 2023
-0.07
-0.08
Missed
-14.3
Sep. 30 2023
-0.06
-0.06
-0.03
Beat
50
Jun. 30 2023
-0.09
-0.09
-0.02
Beat
77.8
Mar. 31 2023
-0.11
-0.10
-0.04
Beat
61.9
This summary was machine generated May 9 at 22:35 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)