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Canoo (GOEV) Earnings Date, Estimates & Call Transcripts

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$0.48 +0.01 (+2.13%)
(As of 11/20/2024 ET)

Canoo Latest Earnings Summary

Latest Q2 2024
Earnings Date
Aug. 14Confirmed
Actual EPS
(Aug. 14)
-$0.09 Beat By $0.68
Consensus EPS
(Aug. 14)
-$0.77

Canoo announced Q2 2024 earnings on August 14, 2024, reporting an EPS of -$0.09, which topped the consensus estimate of -$0.77 by $0.68. Quarterly revenue was reported to be $0.61 million, below analysts' expectations of $1.99 million. With a trailing EPS of -$3.53, Canoo's earnings are expected to grow next year, from ($3.75) to ($2.97) per share.

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GOEV Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

GOEV Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Canoo Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241-$0.86-$0.86-$0.86
Q2 20241-$0.88-$0.88-$0.88
Q3 20241-$0.96-$0.96-$0.96
Q4 20241-$1.10-$1.10-$1.10
FY 20244($3.80)($3.80)($3.80)

Canoo Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
8/14/2024Q2 2024-$0.77-$0.09+$0.68-$0.09$1.99M$0.61M
5/14/2024Q1 2024-$0.97-$2.20 -$1.23-$2.20$1.45M-        
4/1/2024Q4 2023--$0.93 -$0.93-$0.93-$0.37M    
11/14/2023Q3 2023-$2.76-$1.61+$1.15$0.04$0.75M$0.52M    
8/14/2023Q2 2023-$4.37-$3.22+$1.15-$0.14--      
5/15/2023Q1 2023-$4.37-$3.91+$0.46-$0.12--  
3/30/2023Q4 2022-$8.05-$5.98+$2.07-$0.27--

Canoo Earnings - Frequently Asked Questions

Canoo (NASDAQ:GOEV) last announced its quarterly earning data on Wednesday, August 14, 2024. Learn more on GOEV's earnings history.

Canoo issued an update on its third quarter 2024 earnings guidance on Monday, September, 16th. The company issued revenue guidance of 100000.000-$1.2 million, compared to the consensus revenue estimate of $2.5 million.

In the previous quarter, Canoo (NASDAQ:GOEV) reported ($0.09) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.77) by $0.68. Learn more on analysts' earnings estimate vs. GOEV's actual earnings.

Canoo (NASDAQ:GOEV) has a recorded annual revenue of $890,000.00.

Canoo (NASDAQ:GOEV) has a recorded net income of -$302.02 million. GOEV has generated -$3.53 earnings per share over the last four quarters.

Canoo's earnings are expected to grow from ($3.75) per share to ($2.97) per share in the next year.

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This page (NASDAQ:GOEV) was last updated on 11/21/2024 by MarketBeat.com Staff
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