Proterra Inc expected to post a loss of 26 cents a share - Earnings Preview

Proterra

08/08/2023 03:05

* Proterra Inc  PTRA.OQ   PTRA.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 9. 
    * The Burlingame California-based  company is expected to
report 
a 25.2% increase in revenue to $93.335 million from $74.56
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Proterra Inc is for
a
loss of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and 1 "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 Proterra
Inc is
$3.75​, above​ its last closing price of $1.43. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.27       -0.27      -1.08     Missed  -303.6
 Dec. 31 2023  -0.22       -0.25      -0.50     Missed  -102.8
 Sep. 30 2022  -0.21       -0.21      -0.45     Missed  -109.6
                                                        ​
 Jun. 30 2022  -0.20       -0.19      -0.19     Met     -1.6
 ​​Mar.        -0.17       -0.17      -0.23     Missed  -35.1
 31 2022                                                
 Dec. 31 2021  -0.16       -0.16      -0.20     Missed  -28.1​
 Sep. 30 2021  -0.16       -0.16      -0.73     Missed  -362
 Jun. 30 2021  -0.14       -0.14      -1.33     Missed  -843.3
 This summary was machine generated August 8 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated