Brokers Offer Predictions for Exro Technologies Inc.’s Q2 2024 Earnings (OTCMKTS:EXROF)
Exro Technologies Inc. (OTCMKTS:EXROF – Free Report) – Equities researchers at Atb Cap Markets lowered their Q2 2024 earnings per share estimates for Exro Technologies in a research report issued on Wednesday, May 29th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn ($0.05) per share for the quarter, down from their previous forecast of ($0.04). Atb Cap Markets has a “Speculative” rating on the stock. The consensus estimate for Exro Technologies’ current full-year earnings is ($0.12) per share. Atb Cap Markets also issued estimates for Exro Technologies’ Q4 2024 earnings at ($0.01) EPS and FY2024 earnings at ($0.14) EPS.
Exro Technologies (OTCMKTS:EXROF – Get Free Report) last posted its quarterly earnings results on Wednesday, May 15th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.01). The firm had revenue of $0.94 million during the quarter, compared to the consensus estimate of $1.99 million. Exro Technologies had a negative net margin of 826.56% and a negative return on equity of 118.99%.
Separately, National Bank Financial restated an “outperform market weight” rating on shares of Exro Technologies in a report on Friday, April 5th.
View Our Latest Research Report on Exro Technologies
Exro Technologies Price Performance
Shares of EXROF opened at $0.49 on Monday. The company has a current ratio of 1.82, a quick ratio of 1.16 and a debt-to-equity ratio of 0.53. Exro Technologies has a 1 year low of $0.45 and a 1 year high of $1.93. The stock has a market cap of $83.36 million and a P/E ratio of -2.04. The stock’s 50-day moving average price is $0.54 and its two-hundred day moving average price is $0.71.
About Exro Technologies
Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.
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