Kandi Technologies Group (NASDAQ:KNDI) is set to give its latest quarterly earnings report on Wednesday, 2023-03-15. Here's what investors need to know before the announcement.
Analysts estimate that Kandi Technologies Group will report an earnings per share (EPS) of $0.02.
Kandi Technologies Group bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Here's a look at Kandi Technologies Group's past performance and the resulting price change:
Stock Performance
Shares of Kandi Technologies Group were trading at $2.26 as of March 13. Over the last 52-week period, shares are down 27.27%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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