EHang (EH) Set to Announce Quarterly Earnings on Monday

EHang (NASDAQ:EH) is scheduled to be issuing its quarterly earnings data before the market opens on Monday, November 18th. EHang has set its Q3 2024 guidance at EPS.

EHang (NASDAQ:EH) last posted its quarterly earnings data on Thursday, August 22nd. The company reported ($0.14) EPS for the quarter. The company had revenue of $14.04 million for the quarter. EHang had a negative net margin of 110.21% and a negative return on equity of 84.09%. During the same quarter in the prior year, the firm posted ($0.18) earnings per share. On average, analysts expect EHang to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

EHang Trading Up 2.2 %

Shares of EH stock opened at $16.87 on Tuesday. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of -29.09 and a beta of 0.99. The company has a current ratio of 2.12, a quick ratio of 1.99 and a debt-to-equity ratio of 0.02. The firm has a 50-day moving average price of $15.16 and a 200 day moving average price of $14.96. EHang has a twelve month low of $9.51 and a twelve month high of $22.98.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. UBS Group initiated coverage on shares of EHang in a research report on Wednesday, August 28th. They issued a “buy” rating and a $22.00 price objective for the company. China Renaissance began coverage on EHang in a report on Tuesday, September 24th. They issued a “buy” rating for the company.

EHang Company Profile

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.