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

Electrameccanica Vehicles

09/11/2021 22:39

* Electrameccanica Vehicles Corp  SOLO.OQ  reported a quarterly
adjusted loss of 14 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 10 cents per share.
* Revenue fell 57.5% to C$139.00 thousand from a year ago; 
analysts expected C$300.00 thousand. 
* Electrameccanica Vehicles Corp's reported EPS for the quarter
was a loss of 14 cents​.
* The mean earnings estimate of analysts had fallen by about 5%
in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Electrameccanica Vehicles Corp shares had risen by 12.4% this
quarter and lost 35.4% so far this year.
* The company reported a quarterly loss of C$16.18 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 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
This summary was machine generated November 9 at 10:39 p.m.
 ​All figures in Canadian dollars unless otherwise stated