Ladenburg Thalmann Downgrades HyreCar to Neutral, Raises Price Target to $15
Ladenburg Thalmann analyst Jon Hickman downgrades HyreCar (NASDAQ:HYRE) from Buy to Neutral and raises the price target from $14 to $15.
HyreCar Stock Plunges On Wider Than Expected Q2 Loss
HyreCar Inc (NASDAQ:HYRE) reported a second-quarter revenue increase of 62% year-over-year to $9.1 million, beating the consensus of $8.94 million. The…
22 Stocks Moving in Wednesday’s Pre-Market Session
Gainers
CohBar, Inc. (NASDAQ: CWBR) shares rose 78.3% to $2.30 in pre-market trading after the company reported results from the Phase 1a/1b study of CB4211 under development for NASH and obesity met its primary endpoint. The company also released Q2 results.
11 Industrials Stocks Moving In Tuesday’s After-Market Session
Gainers
American Superconductor (NASDAQ:AMSC) stock moved upwards by 6.74% to $15.5 during Tuesday's after-market session. The market value of their outstanding shares is at $439.0 million. As per the news, the Q1 earnings report came out 4 days ago.
HyreCar: Q2 Earnings Insights
Shares of HyreCar (NASDAQ:HYRE) fell in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share fell 63.64% over the past year to ($0.36), which missed the estimate of ($0.12).
HyreCar Q2 EPS $(0.36) Misses $(0.12) Estimate, Sales $9.06M Beat $8.94M Estimate
HyreCar (NASDAQ:HYRE) reported quarterly losses of $(0.36) per share which missed the analyst consensus estimate of $(0.12) by 200 percent. This is a 63.64 percent decrease over losses of $(0.22) per share from the same
Earnings Scheduled For August 10, 2021
Companies Reporting Before The Bell
• Nautilus Biotechnology (NASDAQ:NAUT) is expected to report earnings for its second quarter.
Analyzing HyreCar’s Unusual Options Activity
HyreCar (NASDAQ:HYRE) shares experienced unusual options activity on Monday. The stock price moved up to $19.07 following the option alert.
A Preview Of HyreCar’s Earnings
HyreCar (NASDAQ:HYRE) announces its next round of earnings this Tuesday, August 10. Here is Benzinga's everything-that-matters guide for this Tuesday's Q2 earnings announcement.