stock ( )is due to publish its earnings for the second quarter and first half of the year on 24 July. The iconic manufacturer’s been one of the most volatile stocks on the index. Over the past 12 months, it’s bounced between 400p a share to around 120p.
This volatility’s a testament to the lack of certainty we have about the future of the company. It’s losing money hand over fist, but it’s an iconic brand with impressive gross margins. As such, the market’s always on the lookout for signs that the company’s moving in the right direction.
But as the share price highlights, some investors have been losing patience. What to expect According to analysts’ forecasts, Aston Martin’s expected to report a loss of 10p a share for Q1, with a range of -11p to -8p, compared to last quarter’s earnings per share (EPS) of -17p. The company’s only beaten its EPS estimate 25% of the time in the past year, underperforming its industry average of 38.
1%. The sales forecast, according to analysts, is for £281.79m, with a range of £270.
1m-£299m. Revenues fell 10% year-on-year in Q1 to £267.7m, following a 26% drop in wholesale volumes.
Hyper-volatile There are several reasons for Aston Martin stock’s volatility, but it centres on the company’s prospects. Its very existence could potentially be in question. CEO Lawrence Stroll had set ambitious goals for 2024/25, aiming for £2 billion in revenues and £500 million in adjusted EBITDA with sales of just 10,000 cars (late.