Microvast Holdings Inc expected to post a loss of 6 cents a share - Earnings Preview

Microvast Holdings

06/11/2024 13:55

* Microvast Holdings Inc  MVST.OQ   MVST.O  is expected
to show a
rise in quarterly revenue when it reports  results on November
12 for the period ending September 30 2024
    * The Stafford Texas Texas-based  company is expected to
report a
24.4% increase in revenue to $99.697 million from $80.12 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Microvast Holdings Inc
is for
a loss of 6 cents 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 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 $3.00​, above​ its last closing price of $0.19.
​​​

This summary was machine generated November 6 at 13:55 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)