GreenPower Motor Company Inc. Beat Consensus Estimates

GreenPower Motor Company Inc. (GP) reported a loss of $0.17 per share on revenue of $7.22 million for the fiscal third quarter ended December 2024. The consensus estimate was a loss of $0.19 per share on revenue of $7.00 million. The company beat consensus estimates by 10.53% while revenue fell 11.51% compared to the same quarter a year ago.

The company said it expects third quarter revenue of approximately $7.20 million. The current consensus revenue estimate is $7.00 million for the quarter ending December 31, 2024.

GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis.