OTCMKTS:EXROF Q3 EPS Boosted by National Bank Financial

Exro Technologies Inc. (OTCMKTS:EXROF) – Equities research analysts at National Bank Financial boosted their Q3 2024 earnings estimates for shares of Exro Technologies in a research note issued on Monday, October 21st. National Bank Financial analyst R. Merer now forecasts that the company will post earnings per share of ($0.02) for the quarter, up from their prior forecast of ($0.03). National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Exro Technologies’ current full-year earnings is ($0.13) per share.

Exro Technologies Trading Down 6.5 %

OTCMKTS:EXROF opened at $0.11 on Thursday. The company has a 50-day moving average price of $0.22 and a 200-day moving average price of $0.37. Exro Technologies has a 12 month low of $0.10 and a 12 month high of $1.40. The company has a current ratio of 0.33, a quick ratio of 0.06 and a debt-to-equity ratio of 0.07. The stock has a market cap of $38.50 million and a price-to-earnings ratio of -0.46.

Exro Technologies (OTCMKTS:EXROF) last posted its earnings results on Wednesday, August 14th. The company reported ($0.04) EPS for the quarter, hitting the consensus estimate of ($0.04). Exro Technologies had a negative net margin of 711.32% and a negative return on equity of 77.42%. The firm had revenue of $3.85 million during the quarter, compared to analysts’ expectations of $16.75 million.

About Exro Technologies

Exro Technologies Inc focuses on developing generation power-control electronics in Canada. The company offers Exro Coil Driver, which allows the motor to switch between different operational profiles in real-time, as well as have multiple gears for scooters, electric bikes, recreational, light electric cars, motorcycles, fleet vans, electric buses, passenger vehicles, long-haul trucks, and industrial vehicles markets; and Exro Cell Driver, a stationary energy storage system for commercial and industrial energy storage applications.