Electrameccanica Vehicles Corp reports results for the quarter ended in June - Earnings Summary

Electrameccanica Vehicles

11/08/2021 22:06

* Electrameccanica Vehicles Corp  SOLO.OQ  reported a quarterly
adjusted loss of 12 cents​​ per share for the quarter ended in
June. The mean expectation of three analysts for the quarter was
for a loss of 10 cents per share.
* Revenue rose 2,058.8% to C$367.00 thousand from a year ago; 
analysts expected C$100.00 thousand. 
* Electrameccanica Vehicles Corp's reported EPS for the quarter
was a loss of 12 cents​.
* 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. 
* Electrameccanica Vehicles Corp shares had fallen by 19.0% this
quarter and lost 44.1% so far this year.
* The company reported a quarterly loss of C$14.06 million.
* Wall Street's median 12-month price target for
Electrameccanica Vehicles Corp is $9.00 
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated August 11 at 09:06 p.m.  ​All
figures in Canadian dollars unless otherwise stated