Hyzon Motors Inc reports results for the quarter - Earnings Summary

Reuters11-13

* Hyzon Motors Inc reported a quarterly adjusted loss of $7.16​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of $-6.50. The mean expectation of two analysts for the quarter was for a loss of $6.50 per share.

* Revenue was $134.00 thousand​; analysts expected zero.

* Hyzon Motors Inc's reported EPS for the quarter was a loss of $7.74​.

* The company reported a quarterly loss of $41.32 million.

* Hyzon Motors Inc shares had fallen by 30.5% this quarter and lost 96.2% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 7.1% 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 80.00 This summary was machine generated from LSEG data November 13 at 02:15 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 -6.50 -7.16 Missed

Jun. 30 2024 -7.75 -10.50 Missed

Mar. 31 2024 -8.25 -7.00 Beat

Dec. 31 2023 -10.00 -9.50 Beat

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