Microvast Holdings Inc MVST.OQ MVST.O is expected to show a rise in quarterly revenue when it reports results on May 12 for the period ending March 31 2025
The Stafford Texas Texas-based company is expected to report a 30.3% increase in revenue to $106.001 million from $81.35 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Microvast Holdings Inc is for a loss of 1 cent per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the electrical components & equipment peer group is also "Buy".
Wall Street's median 12-month price target for Microvast Holdings Inc is $3.00, above its last closing price of $2.20.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Dec. 31 2024 | 0.00 | -0.01 | Missed | ||
Sep. 30 2024 | -0.06 | 0.05 | Beat | 176.9 | |
Jun. 30 2024 | -0.08 | -0.07 | -0.21 | Missed | -200 |
Mar. 31 2024 | -0.09 | -0.07 | -0.04 | Beat | 46.7 |
Dec. 31 2023 | -0.07 | -0.08 | Missed | -14.3 | |
Sep. 30 2023 | -0.06 | -0.06 | -0.03 | Beat | 50 |
Jun. 30 2023 | -0.09 | -0.09 | -0.02 | Beat | 77.8 |
Mar. 31 2023 | -0.11 | -0.10 | -0.04 | Beat | 61.9 |
This summary was machine generated May 9 at 22:35 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)
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