Preview: Lion Electric's Earnings
Portfolio Pulse from Benzinga Insights
Lion Electric (NYSE:LEV) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with analysts expecting an EPS of $-0.09. The company's past earnings performance shows a mixed impact on its stock price, with the last quarter's miss leading to a 7.65% drop. Shares are currently trading at $1.75, down 23.65% over the last year. Investors are looking for positive guidance for the next quarter.
February 28, 2024 | 4:01 pm
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NEUTRAL IMPACT
Lion Electric is expected to report an EPS of $-0.09 for the latest quarter. Historical performance shows significant price sensitivity to earnings reports and guidance.
Given the historical sensitivity of LEV's stock price to earnings reports and guidance, the upcoming earnings announcement is crucial. However, the mixed historical performance and the current negative year-to-date return make the short-term impact uncertain, hence a neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100