Microvast Holdings Inc expected to post a loss of 11 cents a share - Earnings Preview

Microvast Holdings

09/11/2022 03:05

* Microvast Holdings Inc  MVST.OQ   MVST.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
10. 
    * The Stafford Texas Texas-based  company is expected to
report  a
42.8% increase in revenue to $52.7 million from $36.89 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Microvast Holdings
Inc is
for a loss of 11 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The average consensus recommendation for the electrical
components & equipment peer group is also "Strong Buy".​
    * Wall Street's median 12-month price target for Microvast
Holdings Inc is $8​, above​ its last closing price of $2.40. ​​​

This summary was machine generated November 9 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated