EHang Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

Reuters
2024-11-18
EHang Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary
  • EHang Holdings Ltd EH.OQ reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of two analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -12 cents to -12 cents per share.

  • Revenue rose 257.9% to $18.26 million from a year ago; analysts expected $16.29 million.

  • The company reported a quarterly loss of $9.84 million.

  • EHang Holdings Ltd shares had risen by 17.0% this quarter and lost 1.5% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

  • In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

  • 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."

  • The average consensus recommendation for the aerospace & defense peer group is also "buy"

Wall Street's median 12-month price target for EHang Holdings Ltd is $22.00

This summary was machine generated from LSEG data November 18 at 02:36 p.m. UTC. ​All figures in US 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

-0.12

0.03

Beat

Mar. 31 2024

-0.12

0.00

Beat

Mar. 31 2024

-0.09

-0.02

Beat

Dec. 31 2023

-0.15

-0.04

Beat

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