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

Shift Technologies

10/08/2021 22:46

* Shift Technologies Inc  SFT.OQ  reported a quarterly adjusted
loss of 41 cents​​ per share for the quarter ended in June. The
mean expectation of nine analysts for the quarter was for a loss
of 44 cents per share.
* Revenue was $154.85 million​;  analysts expected $129.39
million. 
* Shift Technologies Inc's reported EPS for the quarter was a
loss of 41 cents​.
* The mean earnings estimate of analysts had fallen by about 23%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Shift Technologies Inc shares had risen by 2.7% this
quarter and gained 6.5% so far this year.
* The company reported a quarterly loss of $31.66 million.
* Wall Street's median 12-month price target for Shift
Technologies Inc is $13.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 10 at 09:46 p.m.  ​All
figures in US dollars unless otherwise stated