* Ecarx Holdings Inc. reported a quarterly adjusted loss of 14 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -11 cents. The lone analyst forecast for the quarter was for a loss of 5 cents per share.
* Revenue rose 37.2% to $203.10 million from a year ago; analysts expected $180.00 million.
* Ecarx Holdings Inc.'s reported EPS for the quarter was a loss of 14 cents.
* The company reported a quarterly loss of $46.3 million.
* Ecarx Holdings Inc. shares had fallen by 4.2% this quarter and lost 42.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 28.6% 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 "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the integrated hardware & software peer group is also "buy"
Wall Street's median 12-month price target for Ecarx Holdings Inc. is $2.80 This summary was machine generated from LSEG data November 7 at 08:43 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 -0.14
Jan. 1 0001 -0.08 -0.12 Missed
Mar. 31 2024 -0.13 -0.12 Beat
Dec. 31 2023 -0.13 -0.12 Beat