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Stock impact report

Canoo Inc. (GOEV) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]

Canoo Inc. - Class A (GOEV) 
Company Research Source: Yahoo! Finance
This change outpaced the S&P 500's 0.05% loss on the day. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.18%. Heading into today, shares of the company had lost 2.87% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 8.62% and lagging the S&P 500's gain of 2.76% in that time. The upcoming earnings release of Canoo Inc. will be of great interest to investors. The company's earnings per share (EPS) are projected to be -$0.90, reflecting a 44.1% increase from the same quarter last year. For the annual period, the Zacks Consensus Estimates anticipate earnings of -$3.75 per share and a revenue of $22.32 million, signifying shifts of +61.46% and +2419.22%, respectively, from the last year. Any recent changes to analyst estimates for Canoo Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations Show less Read more
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