Vicinity Motor Corp expected to post a loss of 8 cents a share - Earnings Preview

Vicinity Motor

26/03/2024 21:44

* Vicinity Motor Corp  VMC.V   is expected to show a rise in
quarterly revenue when it reports  results on March 28 for the
period ending December 31 2023
    * The Aldergrove British Columbia-based  company is expected
to
report a 1,396.5% increase in revenue to C$30.454 million from
C$2.04 million a year ago, according to the estimate from one
analyst, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vicinity Motor Corp is
for a
loss of 8 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vicinity
Motor
Corp is $2.00​, above​ its last closing price of C$1.01. ​​​

This summary was machine generated March 26 at 21:44 GMT.  All
figures in Canadian dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)