Electric vehicle stocks meandered to a mixed close in the week ending Nov. 11, with earnings news and the broader market sentiment serving as catalysts. Tesla, Inc.
Canoo (NASDAQ:GOEV) reported quarterly losses of $(0.43) per share which beat the analyst consensus estimate of $(0.48) by 10.42 percent. This is a 22.86 percent decrease over losses of $(0.35) per share from the same
Canoo (NASDAQ:GOEV) is set to give its latest quarterly earnings report on Wednesday, 2022-11-09. Here's what investors need to know before the announcement.
Analysts estimate that Canoo will report an earnings per share (EPS) of $-0.48.
Electric vehicle stocks mostly declined in the week ending Nov. 4, as another big rate hike delivered by the Federal Reserve weighed on risk appetite. Market leader Tesla, Inc.