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Stock impact report

Canoo Inc. (GOEV) Stock Moves -1.55%: What You Should Know [Yahoo! Finance]

Canoo Inc. - Class A (GOEV) 
Company Research Source: Yahoo! Finance
On the other hand, the Dow registered a gain of 0.44%, and the technology-centric Nasdaq decreased by 0.18%. Heading into today, shares of the company had gained 6.61% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 1.08% and the S&P 500's loss of 0.22% in that time. The investment community will be paying close attention to the earnings performance of Canoo Inc. in its upcoming release. The company is slated to reveal its earnings on May 14, 2024. The company is predicted to post an EPS of -$0.86, indicating a 78.01% growth compared to the equivalent quarter last year. For the full year, the Zacks Consensus Estimates project earnings of -$3.09 per share and a revenue of $69.31 million, demonstrating changes of +68.24% and +7722.32%, respectively, from the preceding year. It's also important for investors to be aware of any recent modifications to analyst estimates for Canoo Inc. Recent revisions tend to reflect the latest near-term business trends. As a Show less Read more
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