Microvast Holdings Inc expected to post a loss of 6 cents a share - Earnings Preview

Reuters11-06

Microvast Holdings Inc <mvst.oq> expected to post a loss of 6 cents a share - Earnings Preview </mvst.oq>

Microvast Holdings Inc MVST.OQ MVST.O is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024
The Stafford Texas Texas-based company is expected to report a 24.4% increase in revenue to $99.697 million from $80.12 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Microvast Holdings Inc is for a loss of 6 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Microvast Holdings Inc is $3.00, above its last closing price of $0.19.

This summary was machine generated November 6 at 13:55 GMT. 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)

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