ChargePoint Q2 Loss Expected at $1.11 Per Share, Revenue Seen Falling 2.85%
CHPT•CHPT•CHPT•CHPT•Analysts expect ChargePoint to report a $1.11 per share loss in its June 3 quarterly results, marking a 7.5% year-over-year EPS improvement. Revenue is projected to fall 2.85% to $94.86 million while the company carries a 12.75 debt-to-equity ratio, highlighting sales slowdown and leverage concerns.
ChargePoint’s quarterly earnings report on June 3 is expected to show a loss of $1.11 per share, representing a 7.5% year-over-year improvement in EPS.
Revenue for the period is forecasted at $94.86 million, a 2.85% decline from the prior year, indicating a potential slowdown in network charging sales.
ChargePoint’s debt-to-equity ratio stands at 12.75 and the stock closed at $7.59, down 2.69% despite broader market gains, underscoring investor concerns over leverage.
