Published on 17 May 2023 on Zacks via Yahoo Finance
Lightning eMotors, Inc. (ZEV) Reports Q1 Loss, Misses Revenue Estimates
Lightning eMotors, Inc. (ZEV) came out with a quarterly loss of $5.51 per share versus the Zacks Consensus Estimate of a loss of $4.51. This compares to loss of $5 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -22.17%. A quarter ago, it was expected that this company would post a loss of $5.40 per share when it actually produced a loss of $6.20, delivering a surprise of -14.81%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.