EVgo Sees FY24 Total Revenue $220M-$270M vs $260.86M Est.
Portfolio Pulse from Benzinga Newsdesk
EVgo projects its FY24 total revenue to be in the range of $220M-$270M, which is below the estimated $260.86M.
March 06, 2024 | 12:02 pm
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NEGATIVE IMPACT
EVgo's projected FY24 revenue range of $220M-$270M is below the market estimate of $260.86M, indicating potential revenue challenges.
The projection of EVgo's FY24 revenue being below market estimates suggests potential challenges in meeting revenue targets, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100