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

Proterra

10/05/2023 14:12

* Proterra Inc  PTRA.OQ  reported a quarterly adjusted loss
of
$1.08​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for a loss
of 27 cents per share.
    * Revenue rose 35.8% to $79.53 million from a year ago;
analysts
expected $86.81 million. 
    * Proterra Inc's reported EPS for the quarter was a loss of
$1.08​.
    * The mean earnings estimate of analysts had fallen by
about 30.5%
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 3.9% this quarter and
lost 61.3% so far this year.
    * The company reported a quarterly loss of $243.98 million.
    * Wall Street's median 12-month price target for Proterra
Inc is
$4.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:12 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.27          -1.08          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