Microvast Holdings Inc expected to post a loss of 15 cents a share - Earnings Preview

Microvast Holdings

14/03/2023 20:16

* Microvast Holdings Inc  MVST.OQ   MVST.O  is expected
to show a
fall in quarterly revenue when it reports  results on March 16. 
    * The Stafford Texas Texas-based  company is expected to
report  a
9.4% decrease in revenue to $60.5 million from $66.77 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 15 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Microvast
Holdings Inc is $8​, above​ its last closing price of $1.29. ​​​

This summary was machine generated March 14 at 20:16 GMT.  All
figures in US dollars  unless otherwise stated