EHang (EH) Set to Announce Quarterly Earnings on Monday

EHang (NASDAQ:EH) is set to announce its earnings results before the market opens on Monday, November 18th. EHang has set its Q3 2024 guidance at EPS.

EHang (NASDAQ:EH) last issued its quarterly earnings results on Thursday, August 22nd. The company reported ($0.14) earnings per share for the quarter. The company had revenue of $14.04 million for the quarter. EHang had a negative return on equity of 84.09% and a negative net margin of 110.21%. During the same period in the previous year, the company posted ($0.18) earnings per share. On average, analysts expect EHang to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

EHang Stock Performance

Shares of EH opened at $16.87 on Tuesday. EHang has a 1 year low of $9.51 and a 1 year high of $22.98. The stock has a market capitalization of $1.07 billion, a P/E ratio of -29.09 and a beta of 0.99. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.99 and a current ratio of 2.12. The company’s fifty day moving average is $15.16 and its two-hundred day moving average is $14.96.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. UBS Group began coverage on EHang in a report on Wednesday, August 28th. They issued a “buy” rating and a $22.00 price target for the company. China Renaissance began coverage on EHang in a report on Tuesday, September 24th. They issued a “buy” rating for the company.

About EHang

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People's Republic of China, East Asia, West Asia, Europe, and internationally. It designs, develops, manufactures, sells, and operates AAVs, as well as their supporting systems and infrastructure for various industries and applications, including passenger transportation, logistics, smart city management, and aerial media solutions.