Proterra Inc reports results for the quarter ended in December - Earnings Summary

Proterra

15/03/2023 22:40

* Proterra Inc  PTRA.OQ  reported a quarterly adjusted loss
of 50
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of 25
cents per share.
    * Revenue rose 16.9% to $80.00 million from a year ago;
analysts
expected $86.85 million. 
    * Proterra Inc's reported EPS for the quarter was a loss
of 50
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Proterra Inc shares had fallen by 28.4% this quarter.
    * The company reported a quarterly loss of $80.99 million.
    * Wall Street's median 12-month price target for Proterra
Inc is
$7.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 15 at 10:40 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.25          -0.50          Missed
 Sep. 30 2022      -0.21          -0.45          Missed
 Jun. 30 2022      -0.19          -0.19          Met
 Mar. 31 2022      -0.17          -0.23          Missed