Beam GlobalNASDAQ: BEEM

Beam Global (BEEM) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.32 per share a year ago.

Beam Global (BEEM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

With more people buying electric vehicles, there's been substantial demand for accessible EV charging stations. While we aren't near the 500,000 EV charging stations the Biden Administration wants installed, we are seeing investments from public and private institutions.

Thanks to government initiatives, increasing electric vehicle (EV) adoption and significant investments in charging infrastructure, EV charging stocks will continue to rank high in most portfolios. The worldwide number of EV charging stations is expected to increase to over 40 million by 2030.

Just like in the sport of baseball, it's generally better to put one foot in front of the other: get on base and move the guy on first to second and so on until you score a run. However, if you're the San Diego Padres and you find yourself behind by 10 runs (usually to a terrible team), it's time to swing for the fences.

It's time to revisit some of the top EV charging stocks to buy on the dip. All of this is happening as electric vehicle sales start to accelerate again.

Beam Global, a top provider of sustainable infrastructure solutions for transportation electrification and energy security, will release its Q1 2024 operating results on May 20, 2024 after the market closes. A conference call will be held on May 21, 2024 at 4:30 p.m. EST.

Beam Global, a company specializing in sustainable infrastructure solutions for transportation electrification and energy security, will release its 2023 operating results on April 17, 2024 after the market closes.

Car sales in the United States increased by 5% in the first quarter, but the growth of the electric vehicle market is slowing down. The rise in interest rates has worsened the situation, leading to decreased consumer interest and negatively impacting stocks in the EV charging sector.