Shift Technologies Inc expected to post a loss of 52 cents a share - Earnings Preview

Shift Technologies

09/11/2021 11:13

* Shift Technologies Inc  SFT.OQ   SFT.O  is expected to show a
rise in quarterly revenue when it reports  results on November
11. 
* The San Francisco, California-based company is expected to
report  a 176.0% increase in revenue to $165.376 million from
$59.91 million a year ago, according to the mean estimate from
12 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Shift Technologies Inc
is for a loss of 52 cents per share. For the same quarter last
year, the company reported a loss of 64 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "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 Shift
Technologies Inc is $13​, about 44.3% above​ its last closing
price of $7.24. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  -0.44       -0.44      -0.41     Beat    6.1
 Mar. 31 2021  -0.44       -0.44      -0.55     Missed  -26
 Dec. 31 2020  -0.43       -0.42      -0.07     Beat    83.5​
 Sep. 30 2020  -0.17       -0.22      -0.64     Missed  -184.4
 ​​                                                     
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 This summary was machine generated November 9 at 11:13 GMT.  All
figures in US dollars unless otherwise stated