Aeva Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

• Aeva Technologies Inc AEVA.OQ reported a quarterly adjusted loss of 67 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -90 cents. The mean expectation of four analysts for the quarter was for a loss of 58 cents per share. Wall Street expected results to range from -61 cents to -54 cents per share.

• Revenue rose 67.3% to $2.70 million from a year ago; analysts expected $2.47 million.

• Aeva Technologies Inc's reported EPS for the quarter was a loss of 67 cents​.

• The company reported a quarterly loss of $36.15 million.

• Aeva Technologies Inc shares had fallen by 43.6% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the communications & networking peer group is also "buy"

Wall Street's median 12-month price target for Aeva Technologies Inc is $5.50

This summary was machine generated from LSEG data March 19 at 09:01 p.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)