• Electrovaya Inc ELVA.TO reported quarterly breakeven results​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of three analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -2 cents tozero cents per share.

• Revenue fell 24.4% to $11.56 million from a year ago; analysts expected $11.70 million.

• Electrovaya Inc's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $114 thousand.

• Electrovaya Inc shares had risen by 22.3% this quarter and lost 6.9% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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

• The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Electrovaya Inc is $4.50

This summary was machine generated from LSEG data December 13 at 04:09 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)