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EVgo (EVGO) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

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EVgo Inc. (EVGO - Free Report) reported $91.42 million in revenue for the quarter ended September 2026, representing a year-over-year decline of 1%. EPS of -$0.14 for the same period compares to -$0.09 a year ago.

The reported revenue represents a surprise of -0.84% over the Zacks Consensus Estimate of $92.19 million. With the consensus EPS estimate being -$0.18, the EPS surprise was +22.22%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how EVgo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Network Throughput: 103 versus the two-analyst average estimate of 124.
  • Total stalls in operation: 5,530 compared to the 5,821 average estimate based on two analysts.
  • Stalls in operation - EVgo eXtend: 1,390 compared to the 1,405 average estimate based on two analysts.
  • Stalls in operation - EVgo AV network: 120 versus 156 estimated by two analysts on average.
  • Stalls in operation - EVgo Public Network: 4,020 versus 4,260 estimated by two analysts on average.
  • Revenue- Total charging network: $71.79 million versus the two-analyst average estimate of $73.92 million. The reported number represents a year-over-year change of +28.7%.
  • Revenue- AV and ancillary: $3.43 million compared to the $4.94 million average estimate based on two analysts. The reported number represents a change of -25.5% year over year.
  • Revenue- eXtend: $16.2 million versus $13.37 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -49.2% change.

View all Key Company Metrics for EVgo here>>>

Shares of EVgo have returned +50% over the past month versus the Zacks S&P 500 composite's -5.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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