Polestar Automotive Holding UK PLC expected to post a loss of 22 cents a share - Earnings Preview

Reuters
04-18
Polestar Automotive Holding UK <a href="https://laohu8.com/S/PLC">PLC</a> <psny.oq> expected to post a loss of 22 cents a share - Earnings Preview </psny.oq>
  • Polestar Automotive Holding UK PLC PSNY.OQ, PSNY.O is expected to show a rise in quarterly revenue when it reports results on April 22 (estimated) for the period ending December 31 2024

  • The Goeteborg Vastra Gotalands-based company is expected to report a 34.5% increase in revenue to $717.087 million from $533.22 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Polestar Automotive Holding UK PLC is for a loss of 22 cents per share.

  • The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 3 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Polestar Automotive Holding UK PLC is $1.50​, above​ its last closing price of $1.01. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.15

Jun. 30 2024

-0.18

-0.18

-0.13

Beat

28.2

Mar. 31 2024

-0.14

-0.13

-0.13

Met

2.3​

Dec. 31 2023

-0.14

-0.15

-0.17

Missed

-11.8

​​Sep. 30 2023

-0.15

-0.15

-0.07

Beat

53.3

Jun. 30 2023

-0.12

-0.12

-0.14

Missed

-16.7​

Mar. 31 2023

-0.14

-0.12

-0.01

Beat

91.4

Dec. 31 2022

-0.13

This summary was machine generated April 18 at 12:45 GMT. 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)

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