Q3 EPS Forecast for Exro Technologies Boosted by Analyst

Exro Technologies Inc. (OTCMKTS:EXROF) – Stock analysts at National Bank Financial raised their Q3 2024 EPS estimates for shares of Exro Technologies in a report issued on Monday, October 21st. National Bank Financial analyst R. Merer now anticipates that the company will post earnings per share of ($0.02) for the quarter, up from their previous estimate of ($0.03). National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Exro Technologies’ current full-year earnings is ($0.13) per share.

Exro Technologies Stock Performance

Shares of OTCMKTS EXROF opened at $0.11 on Thursday. The company has a 50-day simple moving average of $0.21 and a 200-day simple moving average of $0.37. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.33 and a quick ratio of 0.06. The company has a market cap of $37.10 million and a PE ratio of -0.47. Exro Technologies has a 12 month low of $0.10 and a 12 month high of $1.40.

Exro Technologies (OTCMKTS:EXROF) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.04) earnings per share for the quarter, hitting the consensus estimate of ($0.04). Exro Technologies had a negative return on equity of 77.42% and a negative net margin of 711.32%. The company had revenue of $3.85 million during the quarter, compared to the consensus estimate of $16.75 million.

Exro Technologies Company Profile

Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.