Energous Corp expected to post a loss of 7 cents a share - Earnings Preview

Energous

09/05/2023 03:04

* Energous Corp  WATT.OQ   WATT.O  is expected to show a
fall in
quarterly revenue when it reports  results on May 10. 
    * The San Jose California-based  company is expected to
report  a
23.8% decrease in revenue to $164.5 thousand from $215.96
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 7 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
$1.63​, above​ its last closing price of $0.39. ​​​

This summary was machine generated May 9 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated