* VinFast Auto Ltd reported a quarterly adjusted loss of 23 cents per share for the quarter ended September 30. The mean expectation of three analysts for the quarter was for a loss of 28 cents per share. Wall Street expected results to range from -29 cents to -26 cents per share.
* Revenue was $511.62 million; analysts expected $477.25 million.
* VinFast Auto Ltd's reported EPS for the quarter was a loss of 23 cents.
* The company reported a quarterly loss of $549.01 million.
* VinFast Auto Ltd shares had risen by 2.9% this quarter and lost 53.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 19.6% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the auto & truck manufacturers peer group is "buy."
Wall Street's median 12-month price target for VinFast Auto Ltd is $7.00 This summary was machine generated from LSEG data November 26 at 02:31 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 -0.27 -0.23 Beat
Jun. 30 2024 -0.21 -0.33 Missed
Mar. 31 2024 -0.22 -0.26 Missed
Dec. 31 2023 -0.23 -0.28 Missed
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