Quantumscape Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-13
Quantumscape Corp reports results for the quarter ended December 31 - Earnings Summary
  • Quantumscape Corp QS.N reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of seven analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -24 cents to -15 cents per share.

  • Reported revenue was zero​; analysts expected zero.

  • Quantumscape Corp's reported EPS for the quarter was a loss of 22 cents​.

  • The company reported a quarterly loss of $114.66 million.

  • Quantumscape Corp shares had fallen by 8.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Quantumscape Corp is $6.15

This summary was machine generated from LSEG data February 13 at 02:48 a.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

Dec. 31 2024

-0.21

-0.22

Missed

Sep. 30 2024

-0.21

-0.23

Missed

Jun. 30 2024

-0.22

-0.25

Missed

Mar. 31 2024

-0.21

-0.24

Missed

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