Aqua Metals Inc reports results for the quarter ended in June - Earnings Summary

Aqua Metals

05/08/2024 23:34

* Aqua Metals Inc  AQMS.OQ  reported a quarterly adjusted
loss
of 5 cents​​ per share for the quarter ended in June, higher
than the same quarter last year, when the company reported EPS
of -6 cents.  The mean expectation of two analysts for the
quarter was for a loss of 5 cents per share. 
    * Reported revenue was zero​; analysts expected $27.50
thousand. 
    * Aqua Metals Inc's reported EPS for the quarter was a loss
of 5
cents​.
    * The company reported a quarterly loss of $5.59 million.
    * Aqua Metals Inc shares had fallen by 3.3% this quarter and
lost 59.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.1%
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 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialty
mining &
metals peer group is also "buy"

Wall Street's median 12-month price target for Aqua Metals Inc
is $3.00 
This summary was machine generated from LSEG data August 5 at
10:34 p.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
 Jun. 30 2024      -0.05          -0.05          Met
 Mar. 31 2024      -0.05          -0.05          Met
 Dec. 31 2023      -0.05          -0.05          Met
 Sep. 30 2023      -0.05          -0.04          Beat