Energous Corp expected to post a loss of 77 cents a share - Earnings Preview

Energous

07/05/2024 03:06

* Energous Corp  WATT.OQ   WATT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 8 (estimated)
for the period ending March 31 2024
    * The San Jose California-based  company is expected to
report a
51.0% increase in revenue to $146 thousand from $96.68 thousand
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Energous Corp is for a
loss
of 77 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"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
$11.00​, above​ its last closing price of $1.57. ​​​

This summary was machine generated May 7 at 02:05 GMT.  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)