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EVgo Inc. (EVGO) Reports Q3 Loss, Misses Revenue Estimates
EVgo EVgo (US:EVGO) ZACKS·2025-11-10 14:21

Core Insights - EVgo Inc. reported a quarterly loss of $0.09 per share, outperforming the Zacks Consensus Estimate of a loss of $0.18, marking a 50.00% earnings surprise [1] - The company generated revenues of $92.3 million for the quarter ended September 2025, which was 2.25% below the Zacks Consensus Estimate, but up from $67.54 million year-over-year [2] - EVgo has surpassed consensus EPS estimates in all four of the last quarters [2] Financial Performance - The company has shown a consistent trend of exceeding EPS estimates, with a previous quarter loss of $0.1 against an expected loss of $0.13, resulting in a surprise of +23.08% [1][2] - The current consensus EPS estimate for the upcoming quarter is -$0.16, with projected revenues of $101.04 million, and for the current fiscal year, the estimate is -$0.47 on revenues of $368.77 million [7] Market Position - EVgo shares have declined approximately 15.6% year-to-date, contrasting with the S&P 500's gain of 14.4% [3] - The Zacks Industry Rank places the Automotive - Original Equipment sector in the top 36% of over 250 Zacks industries, indicating a favorable industry outlook [8] Future Outlook - The sustainability of EVgo's stock price movement will largely depend on management's commentary during the earnings call and the revisions of earnings estimates [3][4] - The estimate revisions trend for EVgo was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market [6]