VinFast Auto Ltd (VFS) Q3 2024 Earnings Report Preview: What To Look For

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Nov 25, 2024

VinFast Auto Ltd (VFS, Financial) is set to release its Q3 2024 earnings on Nov 26, 2024. The consensus estimate for Q3 2024 revenue is $477.25 million, and the earnings are expected to come in at -$0.28 per share. The full year 2024's revenue is expected to be $1.78 billion and the earnings are expected to be -$1.13 per share. More detailed estimate data can be found on the Forecast page.

VinFast Auto Ltd (VFS, Financial) Estimates Trends

Revenue estimates for VinFast Auto Ltd (VFS) have declined from $2.37 billion to $1.78 billion for the full year 2024 and from $4.87 billion to $2.95 billion for 2025 over the past 90 days. Earnings estimates have also decreased, moving from -$0.91 per share to -$1.13 per share for the full year 2024, and from -$0.74 per share to -$0.78 per share for 2025 over the past 90 days.

VinFast Auto Ltd (VFS, Financial) Reported History

In the previous quarter ending 2024-06-30, VinFast Auto Ltd's (VFS) actual revenue was $357.39 million, which missed analysts' revenue expectations of $460.09 million by -22.32%. VinFast Auto Ltd's (VFS) actual earnings were -$0.33 per share, which missed analysts' earnings expectations of -$0.22 per share by -53.49%. After releasing the results, VinFast Auto Ltd (VFS) was down by -7.58% in one day.

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VinFast Auto Ltd (VFS, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for VinFast Auto Ltd (VFS) is $8.00 with a high estimate of $13.00 and a low estimate of $5.00. The average target implies an upside of 103.56% from the current price of $3.93.

Based on GuruFocus estimates, the estimated GF Value for VinFast Auto Ltd (VFS, Financial) in one year is $0, suggesting a downside of -100% from the current price of $3.93.

Based on the consensus recommendation from 4 brokerage firms, VinFast Auto Ltd's (VFS, Financial) average brokerage recommendation is currently 1.5, indicating a "Buy" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.