• Polestar Automotive Holding UK PLC PSNY.OQ reported a quarterly adjusted loss of $1.07​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of four analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -28 cents to -17 cents per share.

• Revenue rose 8.4% to $577.76 million from a year ago; analysts expected $717.09 million.

• Polestar Automotive Holding UK PLC's reported EPS for the quarter was a loss of $1.07​.

• The company reported a quarterly loss of $1.19 billion.

• Polestar Automotive Holding UK PLC shares had risen by 3.8% 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 "sell" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is also "sell"

• Wall Street's median 12-month price target for Polestar Automotive Holding UK PLC is $1.50

This summary was machine generated from LSEG data May 12 at 01:31 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)