Brokers Offer Predictions for OTCMKTS:EXROF Q3 Earnings

Exro Technologies Inc. (OTCMKTS:EXROF) – Investment analysts at National Bank Financial upped their Q3 2024 earnings estimates for Exro Technologies in a research note issued to investors on Monday, October 21st. National Bank Financial analyst R. Merer now forecasts that the company will earn ($0.02) per share for the quarter, up from their previous forecast 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 Down 6.6 %

EXROF stock opened at $0.11 on Thursday. The stock has a market capitalization of $37.10 million and a PE ratio of -0.47. The company has a fifty day moving average of $0.21 and a 200-day moving average of $0.37. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.06 and a current ratio of 0.33. Exro Technologies has a one year low of $0.10 and a one year 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 (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.04). Exro Technologies had a negative return on equity of 77.42% and a negative net margin of 711.32%. The firm had revenue of $3.85 million for 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.