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

Kandi Technologies

08/11/2022 13:20

* Kandi Technologies Group Inc  KNDI.OQ  reported quarterly
adjusted earnings of 1 cent​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 3 cents per share.
    * Revenue was $33.67 million​; analysts expected $29.30
million. 
    * Kandi Technologies Group Inc's reported EPS for the
quarter was
1 cent​.
    * 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 risen by 50.7%
this
quarter and lost 0.9% so far this year.
    * The company reported quarterly net income of $379
thousand.
    * 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 from Refinitiv data November
8 at 01:20 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.03          0.01           Beat
                                  -0.02          
 Dec. 31 2021      -0.07          -0.05          Beat