Shift Technologies Inc expected to post a loss of 61  cents a share - Earnings Preview

Shift Technologies

11/03/2022 20:18

* Shift Technologies Inc  SFT.OQ   SFT.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 15. 
    * The San Francisco California-based  company is expected to
report  a 153.2% increase in revenue to $185.865 million from
$73.41 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 61 cents per share. For the same quarter last
year, the company reported a loss of 7 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"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 $9​, above​ its last closing price of $1.80.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  -0.51       -0.52      -0.48     Beat    7.3
 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.        -0.17       -0.22      -0.64     Missed  -184.4
 30 2020                                                
                                                        ​
 This summary was machine generated March 11 at 20:18 GMT.  All
figures in US dollars  unless otherwise stated