EVgo (US:EVGO) Yahoo Financeยท2025-11-09 03:04Group 1: Company Performance - EVgo is set to report earnings, with previous quarter revenues of $98.03 million, exceeding analysts' expectations by 15.7% and showing a year-on-year growth of 47.2% [1] - The company sold 88 gigawatt-hours, marking a 33.3% increase year on year [1] - Analysts expect revenue for the upcoming quarter to grow 35.8% year on year to $91.68 million, a slowdown from the previous year's 92.4% increase [2] Group 2: Analyst Sentiment - Analysts have generally reconfirmed their estimates for EVgo over the last 30 days, indicating confidence in the company's performance [3] - EVgo has only missed Wall Street's revenue estimates once in the past two years, with an average top-line expectation beat of 8.2% [3] Group 3: Market Context - In the renewable energy sector, peers like Bloom Energy and EnerSys have reported strong Q3 results, with Bloom Energy achieving 57.1% year-on-year revenue growth and EnerSys reporting a 7.6% increase [4] - Investor sentiment in the renewable energy segment has been positive, with average share prices up 2.2% over the last month, while EVgo's shares have declined by 18% during the same period [5] - The average analyst price target for EVgo is $6.34, compared to its current share price of $3.50 [5]