Eos Energy Enterprises Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
03-05
Eos Energy Enterprises Inc reports results for the quarter ended December 31 - Earnings Summary
  • Eos Energy Enterprises Inc EOSE.OQ reported a quarterly adjusted loss of $2.25​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -16 cents. The mean expectation of eight analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -31 cents to -13 cents per share.

  • Revenue rose 9.7% to $7.25 million from a year ago; analysts expected $6.58 million.

  • Eos Energy Enterprises Inc's reported EPS for the quarter was a loss of $2.25​.

  • The company reported a quarterly loss of $481.52 million.

  • Eos Energy Enterprises Inc shares had fallen by 18.0% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 22.3% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Eos Energy Enterprises Inc is $5.50

This summary was machine generated from LSEG data March 5 at 02:23 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-0.23

-2.25

Missed

Sep. 30 2024

-0.18

-1.77

Missed

Jun. 30 2024

-0.19

-0.24

Missed

Mar. 31 2024

-0.25

-0.23

Beat

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