Tritium DCFC Limited (NASDAQ:DCFC) Expected to Announce Quarterly Sales of $29.57 Million

Wall Street analysts forecast that Tritium DCFC Limited (NASDAQ:DCFC – Get Rating) will announce $29.57 million in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Tritium DCFC’s earnings, with the lowest sales estimate coming in at $18.70 million and the highest estimate coming in at $40.00 million. The company is scheduled to report its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Tritium DCFC will report full-year sales of $152.90 million for the current financial year, with estimates ranging from $118.70 million to $170.00 million. For the next fiscal year, analysts forecast that the firm will post sales of $296.77 million, with estimates ranging from $201.30 million to $359.00 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Tritium DCFC.

Several equities analysts have recently issued reports on the stock. Raymond James lifted their target price on shares of Tritium DCFC from $10.00 to $11.00 and gave the company an “outperform” rating in a report on Tuesday, April 5th. Zacks Investment Research lowered shares of Tritium DCFC from a “buy” rating to a “hold” rating in a report on Tuesday, March 8th.

Tritium DCFC stock opened at $9.62 on Wednesday. The firm’s 50 day moving average price is $8.60. Tritium DCFC has a fifty-two week low of $6.42 and a fifty-two week high of $19.75.

Tritium DCFC Company Profile (Get Rating)

Tritium DCFC Limited designs, manufactures, and supplies direct current chargers for electric vehicles in the United States, Australia, and the Netherlands. The company provides approximately 3.6 million high-power charging sessions. It also provides CAN ethernet bridge products. The company serves to retail and hospitality, workplaces, and dealerships.

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