Nuscale Power Corp reports results for the quarter ended December 31 - Earnings Summary

Reuters
03-04
Nuscale Power Corp reports results for the quarter ended December 31 - Earnings Summary
  • Nuscale Power Corp SMR.N reported a quarterly adjusted loss of 77 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -25 cents. The mean expectation of three analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -15 cents to -11 cents per share.

  • Revenue rose 650.5% to $34.22 million from a year ago; analysts expected $3.10 million.

  • Nuscale Power Corp's reported EPS for the quarter was a loss of 77 cents​.

  • The company reported a quarterly loss of $74.98 million.

  • Nuscale Power Corp shares had fallen by 4.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 9.5% 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 5 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the electric utilities peer group is "hold."

Wall Street's median 12-month price target for Nuscale Power Corp is $26.00

This summary was machine generated from LSEG data March 4 at 02:40 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

-0.13

-0.77

Missed

Sep. 30 2024

-0.09

-0.18

Missed

Jun. 30 2024

-0.13

-0.31

Missed

Mar. 31 2024

-0.17

-0.21

Missed

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