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Stock impact report

EVgo (EVGO) Reports Q3: Everything You Need To Know Ahead Of Earnings [Yahoo! Finance]

EVgo Inc. (EVGO) 
Company Research Source: Yahoo! Finance
EVgo beat analysts' revenue expectations by 15.7% last quarter, reporting revenues of $98.03 million, up 47.2% year on year. It was an exceptional quarter for the company, with a beat of analysts' EPS estimates and an impressive beat of analysts' adjusted operating income estimates. It reported 88 gigawatt-hours sold, up 33.3% year on year. Is EVgo a buy or sell going into earnings? Read our full analysis here, it's free for active Edge members This quarter, analysts are expecting EVgo's revenue to grow 35.8% year on year to $91.68 million, slowing from the 92.4% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.16 per share. EVgo Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. EVgo has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectation Show less Read more
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