EVgo Inc. (EVGO) Reports Q2 Loss, Beats Revenue Estimates

Financial Performance - EVgo Inc. reported a quarterly loss of $0.1 per share, which was better than the Zacks Consensus Estimate of a loss of $0.13, representing an earnings surprise of +23.08% [1] - The company posted revenues of $98.03 million for the quarter ended June 2025, exceeding the Zacks Consensus Estimate by 13.80%, compared to revenues of $66.62 million a year ago [2] - Over the last four quarters, EVgo has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Performance - EVgo shares have declined approximately 12.8% since the beginning of the year, while the S&P 500 has gained 7.6% [3] - The current Zacks Rank for EVgo is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.14 on revenues of $91.68 million, and for the current fiscal year, it is -$0.44 on revenues of $354.7 million [7] - The outlook for the automotive industry, where EVgo operates, is currently in the top 35% of over 250 Zacks industries, suggesting a favorable environment for performance [8]