Hyliion Holdings Corp. (NYSE:HYLN – Free Report) – Equities researchers at Northland Capmk issued their Q2 2024 earnings per share estimates for Hyliion in a report issued on Tuesday, May 7th. Northland Capmk analyst D. Schafer anticipates that the company will post earnings of ($0.08) per share for the quarter. The consensus estimate for Hyliion’s current full-year earnings is ($0.26) per share. Northland Capmk also issued estimates for Hyliion’s Q3 2024 earnings at ($0.08) EPS and Q4 2024 earnings at ($0.08) EPS.
Hyliion (NYSE:HYLN – Get Free Report) last released its earnings results on Tuesday, February 13th. The company reported ($0.11) EPS for the quarter, hitting the consensus estimate of ($0.11). Hyliion had a negative net margin of 7,004.36% and a negative return on equity of 29.69%. During the same period in the previous year, the firm posted ($0.16) earnings per share.
Hyliion Stock Performance
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in HYLN. GSA Capital Partners LLP grew its stake in Hyliion by 17.2% in the 3rd quarter. GSA Capital Partners LLP now owns 712,672 shares of the company’s stock valued at $841,000 after acquiring an additional 104,648 shares during the last quarter. Institutional & Family Asset Management LLC raised its position in shares of Hyliion by 2,565.7% during the 3rd quarter. Institutional & Family Asset Management LLC now owns 54,620 shares of the company’s stock worth $64,000 after purchasing an additional 52,571 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in Hyliion by 7.7% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 362,005 shares of the company’s stock valued at $427,000 after buying an additional 25,781 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new stake in Hyliion during the 3rd quarter valued at $146,000. 22.81% of the stock is owned by hedge funds and other institutional investors.
Hyliion Company Profile
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