EVgo Q2 EPS $(0.08) Beats $(0.22) Estimate, Sales $50.55M Beat $29.68M Estimate
Portfolio Pulse from vinayak@benzinga.com
EVgo reported Q2 earnings per share of $(0.08), beating the analyst consensus estimate of $(0.22) by 63.64%. The company also reported quarterly sales of $50.55 million, surpassing the analyst consensus estimate of $29.68 million by 70.32%. This represents a 456.99% increase over sales from the same period last year.
August 04, 2023 | 12:13 pm
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POSITIVE IMPACT
EVgo's Q2 earnings and sales beat analyst estimates significantly, which could positively impact the stock in the short term.
EVgo's Q2 earnings per share and sales both exceeded analyst estimates by a significant margin. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100