Lightning eMotors (NYSE:ZEV) reported its Q2 earnings results on Tuesday, August 9, 2022 at 04:10 PM.
Here’s what investors need to know about the announcement.
Earnings
Lightning eMotors beat estimated earnings by 34.38%, reporting an EPS of $-0.21 versus an estimate of $-0.32.
Revenue was down $2.39 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 8.83% increase in the share price the next day.
Here’s a look at Lightning eMotors’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.24 | -0.19 | -0.17 | -0.14 |
| EPS Actual | -0.25 | -0.26 | -0.18 | -0.22 |
| Revenue Estimate | 5.53M | 5.25M | 5.51M | 5.75M |
| Revenue Actual | 5.41M | 4.22M | 6.26M | 5.92M |
To track all earnings releases for Lightning eMotors visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
