VinFast Auto Ltd reports results for the quarter ended June 30 - Earnings Summary

• VinFast Auto Ltd reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -35 cents. The mean expectation of four analysts for the quarter was for a loss of 33 cents per share. Wall Street expected results to range from -41 cents to -26 cents per share.

• Revenue rose 81.6% to $1.20 billion from a year ago; analysts expected $1.15 billion.

• VinFast Auto Ltd's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $56.14 million.

• VinFast Auto Ltd shares had held steady so far this quarter and lost 6.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for VinFast Auto Ltd is $5.75, about 45.7% above its last closing price of $3.12

This summary was machine generated from LSEG data October 19 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)