Q2 2024 Earnings Estimate for GreenPower Motor Company Inc. Issued By B. Riley (CVE:GPV)

GreenPower Motor Company Inc. (CVE:GPV) – Equities researchers at B. Riley increased their Q2 2024 EPS estimates for GreenPower Motor in a research report issued to clients and investors on Monday, November 6th. B. Riley analyst C. Souther now anticipates that the company will post earnings per share of ($0.10) for the quarter, up from their prior estimate of ($0.12). The consensus estimate for GreenPower Motor’s current full-year earnings is $0.06 per share. B. Riley also issued estimates for GreenPower Motor’s Q3 2024 earnings at ($0.06) EPS, Q4 2024 earnings at ($0.03) EPS, FY2024 earnings at ($0.33) EPS and FY2025 earnings at $0.01 EPS.

GreenPower Motor (CVE:GPV) last announced its earnings results on Friday, August 11th. The company reported C($0.15) earnings per share (EPS) for the quarter, beating the consensus estimate of C($0.16) by C$0.01. GreenPower Motor had a negative net margin of 25.33% and a negative return on equity of 46.75%. The business had revenue of C$23.62 million during the quarter, compared to analyst estimates of C$21.40 million.

GreenPower Motor Trading Up 5.7 %

Shares of GPV opened at C$4.65 on Thursday. The firm has a market cap of C$116.02 million, a price-to-earnings ratio of -5.96 and a beta of 4.15. The company has a debt-to-equity ratio of 33.54, a quick ratio of 0.25 and a current ratio of 2.41. GreenPower Motor has a fifty-two week low of C$2.27 and a fifty-two week high of C$7.00. The firm has a 50 day moving average price of C$4.37 and a 200-day moving average price of C$4.20.

About GreenPower Motor

GreenPower Motor Company Inc designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers commercial vehicles for delivery, public transit, schools, vanpools, micro-transit, shuttles, and other; and passenger, student, low floor transit, and cargo transportation.