ChargePoint (NYSE:CHPT) posted worse than expected earnings on May 31, when its earnings-per-share (EPS) came in at negative 27 cents, compared to analysts’ forecasts of negative 21 cents. Investors may want to wait for CHPT stock to fall further before buying in at a good investment point.
The bottom line seems to be that until China’s supply and shipment problems ease up, this company is going to have issues with its earnings.
Read more about ChargePoint stock here.
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