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

• Hyliion Holdings Corp HYLN.A reported a quarterly adjusted loss of 10 cents​​ per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 8 cents per share.

• Revenue was $489.00 thousand​; analysts expected $1.10 million.

• Hyliion Holdings Corp's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $17.25 million.

• Hyliion Holdings Corp shares had risen by 27.9% this quarter and lost 31.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 14.3% 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 May 13 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)