B. Riley upgraded shares of Lion Electric (TSE:LEV – Free Report) to a strong-buy rating in a research note released on Tuesday morning, Zacks.com reports.
LEV has been the subject of a number of other research reports. National Bank Financial downgraded shares of Lion Electric from a sec perform spec market wgt rating to an underperform spec market wgt rating in a research report on Wednesday, May 8th. Desjardins downgraded shares of Lion Electric from a buy rating to a hold rating in a research report on Friday, March 1st.
View Our Latest Stock Analysis on LEV
Lion Electric Trading Up 1.6 %
Lion Electric (TSE:LEV – Get Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported C($0.02) EPS for the quarter, beating analysts’ consensus estimates of C($0.10) by C$0.08. Lion Electric had a negative net margin of 43.21% and a negative return on equity of 28.75%. The firm had revenue of C$74.80 million for the quarter, compared to analysts’ expectations of C$97.28 million. On average, equities research analysts forecast that Lion Electric will post -0.48 earnings per share for the current fiscal year.
Lion Electric Company Profile
The Lion Electric Company designs, develops, manufactures, and distributes purpose-built all-electric medium and heavy-duty urban vehicles in North America. The company's products include battery systems, chassis, bus bodies, and truck cabins. It distributes truck and bus parts, as well as accessories.
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