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

Shift Technologies

16/03/2022 20:02

* Shift Technologies Inc  SFT.OQ  reported a quarterly
adjusted
loss of 70 cents​​ per share for the quarter ended in December.
The mean expectation of eleven analysts for the quarter was
for a loss of 61 cents per share.
    * Revenue rose 167.3% to $196.22 million from a year ago; 
analysts expected $185.86 million. 
    * Shift Technologies Inc's reported EPS for the quarter was
a loss
of 70 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Shift Technologies Inc shares had fallen by 43.4% this
quarter.
    * The company reported a quarterly loss of $54.46 million.
    * Wall Street's median 12-month price target for Shift
Technologies Inc is $6.00 
    * 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." 

This summary was machine generated March 16 at 08:02 p.m.  ​All
figures in US dollars unless otherwise stated