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

Kandi Technologies

09/08/2021 14:31

* Kandi Technologies Group Inc  KNDI.OQ  reported quarterly
adjusted earnings of 54 cents​​ per share for the quarter ended
in June. The lone analyst forecast for the quarter was for a
loss of 18 cents per share.
* Revenue was $29.88 million​;  analysts expected $20.80
million. 
* The mean earnings estimate of analysts had fallen by
about 350% 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 18.6% this
quarter and lost 29.4% so far this year.
* Wall Street's median 12-month price target for Kandi
Technologies Group Inc is $12.00 
This summary was machine generated August 9 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated