Beam Global expected to post a loss of 41 cents a share - Earnings Preview

Reuters · 03/25 11:03
Beam Global <BEEM.OQ> expected to post a loss of 41 cents a share - Earnings Preview
  • Beam Global BEEM.OQ BEEM.O is expected to show a rise in quarterly revenue when it reports results on March 27 (estimated) for the period ending December 31 2023

  • The San Diego California-based company is expected to report a 128.2% increase in revenue to $18.017 million from $7.9 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for Beam Global is for a loss of 41 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Beam Global is $18.00​, above​ its last closing price of $6.67. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2023

-0.33

-0.33

-0.26

Beat

21.6

Jun. 30 2023

-0.34

-0.34

-0.32

Beat

7

Mar. 31 2023

-0.40

-0.46

-0.38

Beat

17.4​

Dec. 31 2022

-0.45

-0.41

-0.77

Missed

-86.3

​​Sep. 30 2022

-0.24

-0.24

-0.67

Missed

-179.6

Jun. 30 2022

-0.22

-0.21

-0.28

Missed

-30.7​

Mar. 31 2022

-0.19

-0.18

-0.24

Missed

-36.1

Dec. 31 2021

-0.20

-0.21

-0.22

Missed

-4.5

This summary was machine generated March 25 at 11:03 GMT. 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)