EHang (EH) Scheduled to Post Earnings on Monday

EHang (NASDAQ:EH) will release its earnings data before the market opens on Monday, November 18th. EHang has set its Q3 2024 guidance at EPS.Parties that are interested in registering for the company’s conference call can do so using this link.

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

EHang Price Performance

NASDAQ:EH opened at $16.55 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.12 and a quick ratio of 1.99. The company has a 50 day moving average price of $15.50 and a 200-day moving average price of $14.94. EHang has a 1-year low of $9.51 and a 1-year high of $22.98. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of -28.53 and a beta of 0.99.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on EH. UBS Group assumed coverage on shares of EHang in a research report on Wednesday, August 28th. They issued a “buy” rating and a $22.00 price objective for the company. China Renaissance initiated 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.