Energous Corp expected to post a loss of 15 cents a share - Earnings Preview

Energous

10/11/2021 01:57

* Energous Corp  WATT.OQ   WATT.O  is expected to show a rise in
quarterly revenue when it reports  results on November 11. 
* The San Jose, California-based company is expected to report 
a 550.4% increase in revenue to $400 thousand from $61.5
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 15 cents per share. For the same quarter last year, the
company reported a loss of 13 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​, about 60% above​ its last closing price of $2.00. ​​​
This summary was machine generated November 10 at 01:57 GMT. 
All figures in US dollars  unless otherwise stated