Microvast Holdings Inc expected to post a loss of 9 cents a share - Earnings Preview

Microvast Holdings

05/08/2023 03:11

* Microvast Holdings Inc  MVST.OQ   MVST.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 7. 
    * The Stafford Texas Texas-based  company is expected to
report  a
0.1% decrease in revenue to $64.351 million from $64.41 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Microvast Holdings
Inc is
for a loss of 9 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 $8​, above​ its last closing price of $2.48. ​​​

This summary was machine generated August 5 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated