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EHang Holdings Ltd expected to post a loss of 12 cents a share - Earnings Preview

Reuters11-15 22:06

* EHang Holdings Ltd is expected to show a rise in quarterly revenue when it reports results on November 18 for the period ending September 30 2024

* The Guangzhou Guangdong-based company is expected to report a 315.2% increase in revenue to $16.286 million from $3.92 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.The company's guidance on August 22 2024, for the period ended September 30, was for revenue of $17.037 million.

* ​LSEG's mean analyst estimate for EHang Holdings Ltd is for a loss of 12 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "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 EHang Holdings Ltd is $22.00​, above​ its last closing price of $16.58. ​​​

This summary was machine generated November 15 at 14:06 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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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