Quantumscape Corp reports results for the quarter ended December 31 - Earnings Summary

• Quantumscape Corp QS.N reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -23 cents. The mean expectation of seven analysts for the quarter was for a loss of 21 cents per share. Wall Street expected results to range from -24 cents to -15 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Quantumscape Corp's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $114.66 million.

• Quantumscape Corp shares had fallen by 8.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 7 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Quantumscape Corp is $6.15

This summary was machine generated from LSEG data February 13 at 02:48 a.m. UTC. ​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)