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    MVST — Microvast Holdings News Story

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    Microvast Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

    Picture of Microvast Holdings logoMicrovast Holdings
    01/04/2025 24:20
    Microvast Holdings Inc MVST.OQ reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -8 cents.  The mean expectation of two analysts for the quarter was for breakeven results per share.

Revenue rose 8.4% to $113.39 million from a year ago; analysts expected $91.88 million.

Microvast Holdings Inc's reported EPS for the quarter was a loss of 26 cents​.

The company reported a quarterly loss of $82.32 million.

Microvast Holdings Inc shares had fallen by 44.4% this quarter.

FORECAST CHANGES

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "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

This summary was machine generated from LSEG data March 31 at 11:19 p.m. UTC. ​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)


    QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
    Dec. 31 20240.00-0.01Missed
    Sep. 30 2024-0.060.05Beat
    Jun. 30 2024-0.07-0.21Missed
    Mar. 31 2024-0.07-0.04Beat

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