Lion Electric (NYSE:LEV – Get Free Report) will be posting its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Lion Electric to post earnings of ($0.07) per share for the quarter.
Lion Electric (NYSE:LEV – Get Free Report) last posted its earnings results on Thursday, February 29th. The company reported ($0.12) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). Lion Electric had a negative return on equity of 22.01% and a negative net margin of 40.93%. The business had revenue of $60.43 million for the quarter, compared to analyst estimates of $93.39 million. On average, analysts expect Lion Electric to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Lion Electric Trading Up 7.2 %
Shares of Lion Electric stock opened at $1.03 on Monday. The company has a quick ratio of 0.73, a current ratio of 2.45 and a debt-to-equity ratio of 0.62. The business has a fifty day simple moving average of $1.25 and a two-hundred day simple moving average of $1.57. Lion Electric has a 1 year low of $0.88 and a 1 year high of $2.68.
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About Lion Electric
The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories.
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