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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