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

• Hyliion Holdings Corp HYLN.A reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -9 cents. The lone analyst forecast for the quarter was for a loss of 7 cents per share.

• Revenue was $1.51 million​; analysts expected $500.00 thousand.

• Hyliion Holdings Corp's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $14.4 million.

• Hyliion Holdings Corp shares had fallen by 28.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the heavy electrical equipment peer group is also "hold"

Wall Street's median 12-month price target for Hyliion Holdings Corp is $2.80

This summary was machine generated from LSEG data February 26 at 01:59 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)