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-0.00405754334194025 -0.00405754334194025 -0.0204516578548301 -0.00815607197016281 -0.00815607197016281 -0.00405754334194025 -0.00405754334194025 -0.00405754334194025
Stock impact report

Why Canoo Inc. (GOEV) Outpaced the Stock Market Today [Yahoo! Finance]

Canoo Inc. - Class A (GOEV) 
Company Research Source: Yahoo! Finance
The stock exceeded the S&P 500, which registered a gain of 0.15% for the day. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.32%. Prior to today's trading, shares of the company had gained 34.26% over the past month. This has outpaced the Auto-Tires-Trucks sector's gain of 0.39% and the S&P 500's gain of 1.65% in that time. Investors will be eagerly watching for the performance of Canoo Inc. in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be -$0.86, reflecting a 78.01% increase from the same quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of -$3.09 per share and a revenue of $68.77 million, signifying shifts of +68.24% and +7662.28%, respectively, from the last year. Investors should also take note of any recent adjustments to analyst estimates for Canoo Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, Show less Read more
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