Wednesday, March 09, 2022 12:30:59 PM
Posted by Stuart Ham on Mar 9th, 2022
https://zolmax.com/investing/44-25-million-in-sales-expected-for-tritium-dcfc-limited-nasdaqdcfc-this-quarter/6920427.html
Equities research analysts forecast that Tritium DCFC Limited will report $44.25 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Tritium DCFC’s earnings, with the lowest sales estimate coming in at $41.50 million and the highest estimate coming in at $47.00 million.
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According to Zacks, analysts expect that Tritium DCFC will report full-year sales of $84.20 million for the current fiscal year, with estimates ranging from $84.00 million to $84.40 million. For the next fiscal year, analysts anticipate that the business will post sales of $152.90 million, with estimates ranging from $118.70 million to $170.00 million. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Tritium DCFC.
Several research analysts recently weighed in on DCFC shares. Raymond James started coverage on shares of Tritium DCFC in a report on Tuesday, February 1st. They set an “outperform” rating and a $10.00 price target on the stock. Zacks Investment Research cut shares of Tritium DCFC from a “buy” rating to a “hold” rating in a report on Tuesday.
DCFC stock opened at $7.11 on Wednesday. Tritium DCFC has a 52-week low of $6.42 and a 52-week high of $19.75.
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