Energous Corp expected to post a loss of 12 cents a share - Earnings Preview

Energous

27/07/2021 23:24

* Energous Corp  WATT.OQ   WATT.O  is expected to show a rise in
quarterly revenue when it reports results on July 29. 
* The San Jose, California-based company is expected to report 
 a 206.0% increase in revenue to $350 thousand from $114.38
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 12 cents per share. For the same quarter last year, the
company reported a loss of 15 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 $5.5​, about 58.4% above​ its last closing price
of $2.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.12       -0.12      -0.14     Missed  -12
 Dec. 31 2020  -0.13       -0.12      -0.12     Met     4
 Sep. 30 2020  -0.15       -0.15      -0.13     Beat    13.3​
 Jun. 30 2020  -0.20       -0.20      -0.15     Beat    25
 Mar.          -0.22​      -0.22      -0.25     Missed  -11.1​
 31​ 2020​                                              
 Dec. 31 2019  -0.28       -0.28      -0.29     Missed  -3.6​
 Sep. 30 2019  -0.28       -0.30      -0.27     Beat    10
 Jun. 30 2019  -0.37       -0.37      -0.32     Beat    14.7
 This summary was machine generated July 27 at 22:24 GMT.  All
figures in US dollars unless otherwise stated