Electrovaya Inc <ELVA.TO> expected to post earnings of 3 cents a share - Earnings Preview

• Electrovaya Inc ELVA.TO is expected to show a rise in quarterly revenue when it reports results on May 14 for the period ending March 31 2025

• The Mississauga Ontario-based company is expected to report a 59.0% increase in revenue to $17 million from $10.7 million a year ago, according to the estimate from one analyst, based on LSEG data.

• ​LSEG's mean analyst estimate for Electrovaya Inc is for earnings of 3 cents per share.

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Electrovaya Inc is $4.75​, above​ its last closing price of $2.74. ​​​

This summary was machine generated May 12 at 20:45 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)