EVgo (EVGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Electric-vehicle-charging company EVGo Inc. got a vote of confidence from analysts at Morgan Stanley on Tuesday, but it wasn't as enthusiastic a vote as investors might have hoped, for three key reasons.
EVgo stock price has held steady in the past few days as investors cheered its ongoing growth trajectory. Most of this growth happened after it reported strong earnings earlier this month.
EVgo Inc. (NASDAQ:EVGO ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Badar Khan - Chief Executive Officer Stephanie Lee - Executive Vice President, Accounting and Finance Heather Davis - Vice President, Investor Relations Conference Call Participants Andres Sheppard - Cantor Fitzgerald Chris Dendrinos - RBC Capital Markets Chris McNally - Evercore ISI Bill Peterson - JP Morgan Chris Pierce - Needham & Co. Craig Irwin - Roth Capital Partners Operator Hello and welcome to the EVgo Inc. Q1 2025 earnings call. All lines have been placed on mute to prevent any background noise.
EVgo Inc. (EVGO) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.09 per share a year ago.
EVGO and Toyota inaugurate their first DC fast-charging stations in Baldwin Park and Sacramento, CA, to enhance charging accessibility.
J.P. Morgan analyst Bill Peterson reiterated the Overweight rating on EVgo Inc. EVGO, lowering the price forecast to $5 from $6.
EV charging stocks are getting popular as the EV market is expanding. With the Q4 Results in, see how EVgo and ChargePoint fare in the race for growth and profitability.
EVGO's fourth-quarter 2024 results reflect a narrower loss, 35% revenue growth YoY and a significant boost in charging network revenues.
EVgo, Inc. (NASDAQ:EVGO ) Q4 2024 Earnings Conference Call March 4, 2025 8:00 AM ET Company Participants Heather Davis - Vice President, Investor Relations Badar Khan - Chief Executive Officer Paul Dobson - Chief Financial Officer Conference Call Participants Bill Peterson - JPMorgan Chris Dendrinos - RBC Capital Markets Douglas Dutton - Evercore ISI Gabe Daoud - TD Cowen Patrick Ouellette - Stifel William Grippin - UBS Chris Pierce - Needham Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
EVgo Inc. (EVGO) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.12 per share a year ago.
EVgo reports a fourth-quarter Ebitda loss of $8.4 million from sales of almost $68 million. Wall Street was looking for an Ebitda loss of about $8.7 million on sales of $69 million.