* Hyzon Motors Inc reported a quarterly adjusted loss of 14 cents per share for the quarter ended in March, lower than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of two analysts for the quarter was for a loss of 16 cents per share. Wall Street expected results to range from -17 cents to -16 cents per share.
* Revenue was $9.98 million; analysts expected $750.00 thousand.
* Hyzon Motors Inc's reported EPS for the quarter was a loss of 14 cents.
* The company reported a quarterly loss of $34.23 million.
* Hyzon Motors Inc shares had fallen by 27.6% this quarter and lost 40.4% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 2.9% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the heavy machinery & vehicles peer group is "hold."
Wall Street's median 12-month price target for Hyzon Motors Inc is $1.60 This summary was machine generated from LSEG data May 13 at 09:22 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Mar. 31 2024 -0.16 -0.14 Beat
Dec. 31 2023 -0.20 -0.19 Beat
Sep. 30 2023 -0.16 -0.13 Beat
Jun. 30 2023 -0.18 -0.24 Missed
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