Shift Technologies Inc expected to post a loss of $2.16 a share - Earnings Preview

Shift Technologies

09/08/2023 03:04

* Shift Technologies Inc  SFT.OQ   SFT.O  is expected
to show a
fall in quarterly revenue when it reports  results on August
10. 
    * The San Francisco California-based  company is expected to
report  a 73.5% decrease in revenue to $59.251 million from
$223.73 million a year ago, according to the mean estimate from
2 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Shift Technologies
Inc is
for a loss of $2.16 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 7.2%
in the last three months. ​

This summary was machine generated August 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated