Reported 2 days ago
ChargePoint Holdings, Inc. is expected to announce its first-quarter fiscal 2026 earnings on June 4, with a consensus estimate projecting a loss of 5 cents per share and revenues of $100.52 million, representing a potential 54.55% year-over-year increase in losses and a 6.09% decline in revenue. Despite recent losses, the company experienced a slight improvement in gross margin due to better hardware margins and expects revenues to fall within $95-$105 million. ChargePoint currently holds a Zacks Rank of 3, and the earnings prediction model does not indicate a likely earnings beat this quarter.
Source: YAHOO