EHang Holdings Ltd reports results for the quarter ended December 31 - Earnings Summary

• EHang Holdings Ltd EH.OQ reported quarterly adjusted earnings of 94 fen​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 50 fen. The mean expectation of two analysts for the quarter was for a loss of 52 fen per share. Wall Street expected results

• Revenue rose 50.7% to CNY243.78 million from a year ago; analysts expected CNY198.41 million.

• EHang Holdings Ltd's reported EPS for the quarter was 14 fen​.

• The company reported quarterly net income of CNY10.49 million.

• EHang Holdings Ltd shares had fallen by 8.1% this quarter.

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

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the aerospace & defense peer group is also "buy"

• Wall Street's median 12-month price target for EHang Holdings Ltd is $20.00, about 39.5% above its last closing price of $12.11

This summary was machine generated from LSEG data March 13 at 06:54 a.m. UTC. ​All figures in Chinese yuan renminbi 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)