VinFast Auto Ltd reports results for the quarter ended December 31 - Earnings Summary

Reuters
24 Apr
<a href="https://laohu8.com/S/VFS">VinFast Auto</a> Ltd reports results for the quarter ended December 31 - Earnings Summary
  • VinFast Auto Ltd VFS.OQ reported a quarterly adjusted loss of 54 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -28 cents. The mean expectation of two analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -26 cents to -20 cents per share.

  • Revenue rose 55.3% to $677.89 million from a year ago; analysts expected $859.08 million.

  • VinFast Auto Ltd's reported EPS for the quarter was a loss of 54 cents​.

  • The company reported a quarterly loss of $1.26 billion.

  • VinFast Auto Ltd shares had risen by 1.6% this quarter and lost 19.9% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 12.2% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto & truck manufacturers peer group is "buy."

  • Wall Street's median 12-month price target for VinFast Auto Ltd is $9.50

This summary was machine generated from LSEG data April 24 at 12:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.23

-0.54

Missed

Sep. 30 2024

-0.27

-0.23

Beat

Jun. 30 2024

-0.21

-0.33

Missed

Mar. 31 2024

-0.22

-0.26

Missed

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