Kandi Technologies Group Inc reports results for the quarter ended in December - Earnings Summary

Kandi Technologies

15/03/2022 13:33

* Kandi Technologies Group Inc  KNDI.OQ  reported a
quarterly
adjusted loss of 5 cents​​ per share for the quarter ended in
December. The lone analyst forecast for the quarter was for a
loss of 7 cents per share.
    * Revenue rose 78% to $57.67 million from a year ago; 
analysts
expected $32.80 million. 
    * Kandi Technologies Group Inc's reported EPS for the
quarter was
a loss of 5 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. 
    * Kandi Technologies Group Inc shares had fallen by 21.3%
this
quarter.
    * The company reported a quarterly loss of $3.79 million.
    * Wall Street's median 12-month price target for Kandi
Technologies Group Inc is $5.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 15 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated