Published on 4 Aug 2023 on Zacks via Yahoo Finance
ElectraMeccanica Vehicles Corp. (SOLO) Reports Q2 Loss, Lags Revenue Estimates
ElectraMeccanica Vehicles Corp. (SOLO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.17 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 26.67%. A quarter ago, it was expected that this company would post a loss of $0.14 per share when it actually produced a loss of $0.10, delivering a surprise of 28.57%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.