CBAK Energy Technology Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters

17 Mar

CBAK Energy Technology Inc reports results for the quarter ended December 31 - Earnings Summary

CBAK Energy Technology Inc CBAT.OQ reported a quarterly adjusted loss of 5 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -1 cents. The lone analyst forecast for the quarter was for earnings of one cent per share.
Revenue fell 54.8% to $25.37 million from a year ago; analysts expected $50.11 million.
CBAK Energy Technology Inc's reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $4.51 million.
CBAK Energy Technology Inc shares had fallen by 9.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

Wall Street's median 12-month price target for CBAK Energy Technology Inc is $2.00

This summary was machine generated from LSEG data March 17 at 01:31 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
Dec. 31 2024	0.01	-0.05	Missed
Sep. 30 2024	0.07	0.00	Missed
Jun. 30 2024	0.07	0.07	Met
Mar. 31 2024	-0.01	0.11	Beat

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The lone analyst forecast for the quarter was for earnings of one cent per share. </p></li><li><p>Revenue fell 54.8% to $25.37 million from a year ago; analysts expected $50.11 million. </p></li><li><p>CBAK Energy Technology Inc's reported EPS for the quarter was a loss of 5 cents.</p></li><li><p>The company reported a quarterly loss of $4.51 million.</p></li><li><p>CBAK Energy Technology Inc shares had fallen by 9.6% this quarter.</p></li></ul><p>FORECAST CHANGES</p><ul><li><p>The mean earnings estimate of analysts was unchanged in the last three months. </p></li><li><p>In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.</p></li></ul><p>RECOMMENDATIONS</p><ul><li></li><li><p>Wall Street's median 12-month price target for CBAK Energy Technology Inc is $2.00 </p></li></ul><p>This summary was machine generated from LSEG data March 17 at 01:31 p.m. UTC. All figures in US dollars unless otherwise stated. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)</p><table><tbody><tr><td><p>QUARTER ENDING</p></td><td><p>ESTIMATE </p></td><td><p>ACTUAL</p></td><td><p>BEAT, MET, MISSED</p></td></tr><tr><td><p>Dec. 31 2024 </p></td><td><p>0.01</p></td><td><p>-0.05</p></td><td><p>Missed</p></td></tr><tr><td><p>Sep. 30 2024 </p></td><td><p>0.07</p></td><td><p>0.00</p></td><td><p>Missed</p></td></tr><tr><td><p>Jun. 30 2024 </p></td><td><p>0.07</p></td><td><p>0.07</p></td><td><p>Met</p></td></tr><tr><td><p>Mar. 31 2024 </p></td><td><p>-0.01</p></td><td><p>0.11</p></td><td><p>Beat</p></td></tr></tbody></table></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBAT","symbol_name":"中比能源","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250317:nL8N3Q013M:1","article_id":"2520652499","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2520652499","pubTimestamp":1742218342,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CBAK Energy Technology Inc reports results for the quarter ended December 31 - Earnings SummaryCBAK Energy Technology Inc CBAT.OQ reported a quarterly adjusted loss of 5 cents per share for the quarte","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CBAT":"中比能源"},"translate_title":"CBAK Energy Technology Inc报告截至12月31日的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBAT":0.9},"content_text":"CBAK Energy Technology Inc reports results for the quarter ended December 31 - Earnings SummaryCBAK Energy Technology Inc CBAT.OQ reported a quarterly adjusted loss of 5 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -1 cents.  The lone analyst forecast for the quarter was for earnings of one cent per share. Revenue fell 54.8% to $25.37 million from a year ago; analysts expected $50.11 million. CBAK Energy Technology Inc's reported EPS for the quarter was a loss of 5 cents.The company reported a quarterly loss of $4.51 million.CBAK Energy Technology Inc shares had fallen by 9.6% this quarter.FORECAST CHANGESThe mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.RECOMMENDATIONSWall Street's median 12-month price target for CBAK Energy Technology Inc is $2.00 This summary was machine generated from LSEG data March 17 at 01:31 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 ENDINGESTIMATE ACTUALBEAT, MET, MISSEDDec. 31 2024 0.01-0.05MissedSep. 30 2024 0.070.00MissedJun. 30 2024 0.070.07MetMar. 31 2024 -0.010.11Beat","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}