Energous Corp expected to post a loss of 10  cents a share - Earnings Preview

Energous

23/02/2022 03:02

* Energous Corp  WATT.OQ   WATT.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 24. 
    * The San Jose California-based  company is expected to
report  a
455.6% increase in revenue to $500 thousand from $90 thousand a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Energous Corp is
for a
loss of 10 cents per share. For the same quarter last year, the
company reported a loss of 12 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Energous
Corp is
$4.5​, about 75.6% above​ its last closing price of $1.10. ​​​

This summary was machine generated February 23 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated