Microvast Holdings, Inc. (MVST) Reports Q2 Loss, Lags Revenue Estimates
MVSTMicrovast (MVST) ZACKS·2024-08-10 03:40

Microvast Holdings, Inc. (MVST) came out with a quarterly loss of 0.21pershareversustheZacksConsensusEstimateofalossof0.21 per share versus the Zacks Consensus Estimate of a loss of 0.05. This compares to loss of 0.02pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−3200.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -320%. A quarter ago, it was expected that this company would post a loss of 0.05 per share when it actually produced a loss of $0.04, delivering a surprise of 20%.Over the last four quarters, the company has sur ...