Electrameccanica Vehicles Corp expected to post a loss of 16 cents a share - Earnings Preview

Electrameccanica Vehicles

12/11/2022 02:10

* Electrameccanica Vehicles Corp  SOLO.OQ   SOLO.O  is
expected
to show a rise in quarterly revenue when it reports  results on
November 14. 
    * The Burnaby British Columbia-based  company is expected to
report  a 1,351.4% increase in revenue to C$2.018 million from
C$139 thousand a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Electrameccanica
Vehicles
Corp is for a loss of 16 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "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
Electrameccanica
Vehicles Corp is $4.4​, above​ its last closing price of $1.29.
​​​

This summary was machine generated November 12 at 02:10 GMT. 
All figures in Canadian dollars  unless otherwise stated