EHang (EH) Set to Announce Quarterly Earnings on Tuesday

EHang (NASDAQ:EHGet Rating) will issue its quarterly earnings data before the market opens on Tuesday, May 31st. EHang has set its FY 2022 guidance at EPS.

EHang (NASDAQ:EHGet Rating) last posted its quarterly earnings results on Tuesday, March 29th. The company reported ($0.30) earnings per share (EPS) for the quarter. EHang had a negative net margin of 555.71% and a negative return on equity of 72.07%. The business had revenue of $1.37 million during the quarter. On average, analysts expect EHang to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ EH opened at $7.36 on Wednesday. The company’s 50 day moving average is $10.20 and its 200-day moving average is $14.47. EHang has a 12-month low of $6.64 and a 12-month high of $47.38. The company has a quick ratio of 2.92, a current ratio of 3.50 and a debt-to-equity ratio of 0.05. The firm has a market cap of $419.00 million, a P/E ratio of -8.36 and a beta of 0.76.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in EHang by 56.6% during the second quarter. Bank of America Corp DE now owns 1,816 shares of the company’s stock valued at $79,000 after acquiring an additional 656 shares in the last quarter. Millennium Management LLC purchased a new position in EHang during the second quarter valued at approximately $217,000. Nuveen Asset Management LLC grew its stake in EHang by 6.7% during the fourth quarter. Nuveen Asset Management LLC now owns 24,000 shares of the company’s stock valued at $358,000 after acquiring an additional 1,500 shares in the last quarter. Citigroup Inc. grew its stake in EHang by 915.0% during the fourth quarter. Citigroup Inc. now owns 24,219 shares of the company’s stock valued at $361,000 after acquiring an additional 21,833 shares in the last quarter. Finally, Invesco Ltd. grew its stake in EHang by 17.7% during the fourth quarter. Invesco Ltd. now owns 25,489 shares of the company’s stock valued at $380,000 after acquiring an additional 3,827 shares in the last quarter. 17.74% of the stock is currently owned by institutional investors.

About EHang (Get Rating)

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, North America, East Asia, Europe, West Asia, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for a range of industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.

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Earnings History for EHang (NASDAQ:EH)

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