Published on 4 Mar 2024 on Zacks via Yahoo Finance
ChargePoint (CHPT) to Report Q4 Earnings: What's in Store?
ChargePoint Holdings, Inc. CHPT is slated to release fourth-quarter fiscal 2024 results on Mar 5, after the closing bell. The Zacks Consensus Estimate for the to-be-reported loss per share and revenues is pegged at 12 cents and $126.48 million, respectively.For the fiscal fourth quarter, the consensus estimate for the electric vehicle (EV) charging company’s loss per share has widened by 2 cents in the past 90 days. Its bottom-line estimates imply an increase of 7.69% from the year-ago reported number.The Zacks Consensus Estimate for ChargePoint’s quarterly revenues suggests a 17.24% year-over-year decline. Over the trailing four quarters, it surpassed earnings estimates on two occasions and missed twice, the average negative surprise being 19.56%. This is depicted in the graph below:
ChargePoint Holdings, Inc. Price and EPS Surprise