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Published on 5 Nov 2021 on Zacks via Yahoo Finance

Key Factors to Note Ahead of Hyliion's (HYLN) Q3 Earnings


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Hyliion Holdings Corporation HYLN is scheduled to release third-quarter 2021 results on Nov 9, after the bell. The Zacks Consensus Estimate is pegged at a loss of 24 cents per share for the quarter.Hyliion went public on the NYSE on Oct 2, 2020, through a merger with Tortoise Acquisition Corporation. In the last reported quarter, this Texas-based company registered a net loss per share of 13 cents, narrower than the consensus mark of loss of 19 cents.For the six-month period ended Jun 30, 2021, the firm’s operating expenses totaled $22.7 million, skyrocketing from the year-ago quarter’s $5,225 million.Hyliion surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed in the other, the negative surprise being 45.68%. This is depicted in the graph below:

Hyliion Holdings Corp. Price and EPS Surprise

Hyliion Holdings Corp. Price and EPS SurpriseHyliion Holdings Corp. Price and EPS Surprise

NYSE.HYLN price evolution
NASDAQ.ELMS price evolution
NYSE.ADNT price evolution

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