Lightning eMotors (ZEV) Misses Q3 EPS by 50c, Revenue Beats

Lightning eMotors (NYSE: ZEV) reported Q3 EPS of ($0.67), $0.50 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $6.26 million versus the consensus estimate of $5.51 million.

GUIDANCE:

Lightning eMotors sees Q4 2021 revenue of $4-6 million.

• Revenues to be in the range of $4 million to $6 million.
• Vehicle and powertrain sales to be in the range of 40 units to 60 units.
• Adjusted EBITDA to be in the range of -$13 million to -$15 million.

For earnings history and earnings-related data on Lightning eMotors (ZEV) click here.

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