Earnings Preview: EVgo
Portfolio Pulse from Benzinga Insights
EVgo (NASDAQ:EVGO) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $-0.22. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $4.37, down 51.07% over the last 52-week period.
August 04, 2023 | 10:34 am
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EVgo is expected to report an EPS of $-0.22. Despite beating EPS estimates in the past, the company's share price has typically dropped. The stock is down 51.07% over the last year.
The company has a history of beating EPS estimates but this has not translated into a rise in share price. Given the negative trend in the stock's performance over the past year, the upcoming earnings report could potentially lead to further decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100