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Vertical Aerospace (EVTL) Projected to Post Earnings on Thursday

Vertical Aerospace logo with Aerospace background
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Vertical Aerospace (NYSE:EVTL - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of ($0.74) per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Vertical Aerospace (NYSE:EVTL - Get Free Report) last announced its quarterly earnings data on Friday, December 20th. The company reported ($1.92) earnings per share for the quarter, missing the consensus estimate of ($1.34) by ($0.58). On average, analysts expect Vertical Aerospace to post $-4 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Vertical Aerospace Trading Down 1.3 %

Shares of EVTL stock traded down $0.05 during trading hours on Friday, hitting $4.03. 203,127 shares of the company were exchanged, compared to its average volume of 149,005. Vertical Aerospace has a 1 year low of $3.55 and a 1 year high of $15.99. The firm has a fifty day moving average of $6.74 and a 200 day moving average of $19.31.

Analysts Set New Price Targets

EVTL has been the topic of several recent analyst reports. HC Wainwright initiated coverage on shares of Vertical Aerospace in a report on Friday, February 7th. They set a "buy" rating and a $12.00 price objective on the stock. Raymond James restated a "market perform" rating on shares of Vertical Aerospace in a report on Tuesday, November 26th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Vertical Aerospace from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Tuesday, December 3rd. Barclays raised their price target on shares of Vertical Aerospace from $0.75 to $2.00 and gave the company an "underweight" rating in a report on Thursday, November 21st. Finally, Canaccord Genuity Group cut their price target on shares of Vertical Aerospace from $16.00 to $13.50 and set a "buy" rating on the stock in a report on Friday, January 24th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $10.13.

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Get Our Latest Stock Analysis on Vertical Aerospace

Vertical Aerospace Company Profile

(Get Free Report)

Vertical Aerospace Ltd., an aerospace and technology company, engages in designing, manufacturing, and selling zero operating emission electric vertical takeoff and landing (eVTOL) aircraft for use in the advanced air mobility in the United Kingdom. It offers VX4, an eVTOL aircraft. Vertical Aerospace Ltd.

Further Reading

Earnings History for Vertical Aerospace (NYSE:EVTL)

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