ChargePoint Holdings Inc reports results for the quarter ended January 31 - Earnings Summary

• ChargePoint Holdings Inc CHPT.N reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of -12 cents. The mean expectation of fifteen analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -8 cents to -7 cents per share.

• Revenue fell 12% to $101.89 million from a year ago; analysts expected $101.71 million.

• ChargePoint Holdings Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $64.64 million.

• ChargePoint Holdings Inc shares had fallen by 44.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.2% 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 3 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell."

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

Wall Street's median 12-month price target for ChargePoint Holdings Inc is $2.00

This summary was machine generated from LSEG data March 5 at 02:02 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)