Dragonfly Energy Holdings Corp reports results for the quarter ended September 30 - Earnings Summary

Dragonfly Energy Holdings

15/11/2024 14:06

* Dragonfly Energy Holdings Corp  DFLI.OQ  reported a
quarterly
adjusted loss of 11 cents​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of -19 cents.  The mean expectation of
four analysts for the quarter was for a loss of 18 cents per
share. Wall Street expected results to range from -19 cents
to -18 cents per share.
    * Revenue fell 19.9% to $12.72 million from a year ago;
analysts
expected $14.15 million. 
    * Dragonfly Energy Holdings Corp's reported EPS for the
quarter
was a loss of 11 cents​.
    * The company reported a quarterly loss of $6.78 million.
    * Dragonfly Energy Holdings Corp shares had risen by 0.9%
this
quarter and lost 1.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 4 "strong buy" or "buy," no
"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 Dragonfly Energy
Holdings Corp is 1.50 
This summary was machine generated from LSEG data November 15 at
02:05 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
 Sep. 30 2024      -0.18          -0.11          Beat
 Jun. 30 2024      -0.16          -0.19          Missed
 Mar. 31 2024      -0.16          -0.17          Missed
 Dec. 31 2023      -0.20          -0.11          Beat