CBAK Energy Technology Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-12

* CBAK Energy Technology Inc reported quarterly breakeven results per share for the quarter ended September 30, identical to the same quarter last year. The lone analyst forecast for the quarter was for earnings of 7 cents per share.

* Revenue fell 22.7% to $44.63 million from a year ago; analysts expected $58.00 million.

* CBAK Energy Technology Inc's reported EPS for the quarter was breakeven results.

* The company reported quarterly net income of $17 thousand.

* CBAK Energy Technology Inc shares had fallen by 18.8% this quarter and lost 3.3% so far this year.

FORECAST CHANGES

* 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.

RECOMMENDATIONS

*

* Wall Street's median 12-month price target for CBAK Energy Technology Inc is $2.50

This summary was machine generated from LSEG data November 12 at 03:23 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

Sep. 30 2024 0.07 0.00 Missed

Jun. 30 2024 0.07 0.07 Met

Mar. 31 2024 -0.01 0.11 Beat

Dec. 31 2023 0.01 -0.01 Missed

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The lone analyst forecast for the quarter...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBAT","symbol_name":"中比能源","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2482848850","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482848850","pubTimestamp":1731425022,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* CBAK Energy Technology Inc    reported quarterly breakeven results per share for the quarter ended September 30, identical to the same quarter last year.  The lone analyst forecast for the quarter w","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CBAT":"中比能源"},"translate_title":"CBAK Energy Technology Inc报告截至9月30日的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CBAT":0.9},"content_text":"* CBAK Energy Technology Inc    reported quarterly breakeven results per share for the quarter ended September 30, identical to the same quarter last year.  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