Shift Technologies, Inc. reports results for the quarter ended in March - Earnings Summary

Shift Technologies

13/05/2021 01:11

* Shift Technologies, Inc.  SFT.OQ  reported a quarterly
adjusted loss of 55 cents​​ per share for the quarter ended
in March. The mean expectation of six analysts for the quarter
was for a loss of 44 cents per share.
* Revenue was $106.00 million​;  analysts expected $94.51
million. 
* Shift Technologies, Inc.'s reported EPS for the quarter was a
loss of 55 cents​.
* The mean earnings estimate of analysts had fallen by
about 63.7% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Shift Technologies, Inc. shares had fallen by 6.4% this
quarter and lost 5.8% so far this year.
* The company reported a quarterly loss of $42.76 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 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 13 at 12:11 a.m. GMT.
​All figures in US dollars