Proterra Inc expected to post a loss of 27 cents a share - Earnings Preview

Proterra

06/05/2023 03:58

* Proterra Inc  PTRA.OQ   PTRA.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Burlingame California-based  company is expected to
report 
a 48.2% increase in revenue to $86.813 million from $58.58
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 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Proterra
Inc is
$5​, above​ its last closing price of $1.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.17       -0.17      -0.23     Missed  -35.1
 ​​Dec.        -0.16       -0.16      -0.20     Missed  -28.1
 31 2021                                                
 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 May 6 at 02:58 GMT.  All
figures in US dollars  unless otherwise stated