On Thursday 22nd August 2024, investors and market participants can expect the release of EHang Holdings (NASDAQ: EH) second quarter financial results. This crucial announcement will be made before market open.
In accordance with the forecasts of financial specialists on Wall Street, the concern is primed to announce an anticipated $0.12 loss per share for the quarter. Additionally, the company is projected to reveal a total revenue of $12.68 million for this particular period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share loss of $0.12. This significant amount was attributed to the company's remarkable total revenue of $1.38 million generated during that specific period.
The projections from Wall Street analysts indicate that the company is expected to generate a total revenue of $56.96 million for the full year. Moreover, they anticipate the earnings per share to reach loss of $0.27 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $-0.02 | +75.0% | 8.55 M | +164.4% |
| Q4 2023 | $-0.04 | +71.4% | 7.97 M | +250.6% |
| Q3 2023 | $-0.06 | +57.1% | 3.92 M | +239.3% |
| Q2 2023 | $-0.12 | +14.3% | 1.38 M | -36.8% |
*Growth on year-over-year basis
EHang Holdings (EH) shares traded as low as $11.92 and as high as $12.54 on a day volume of 517.00 thousand shares, closed Wednesday's regular trading session at $12.47, an advance of 3.31 percent.
