Energous Corp expected to post a loss of 8  cents a share - Earnings Preview

Energous

10/05/2022 03:05

* Energous Corp  WATT.OQ   WATT.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 11. 
    * The San Jose California-based  company is expected to
report  a
37.9% increase in revenue to $200 thousand from $145 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 8 cents per share. For the same quarter last year, the
company reported a loss of 14 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
$2.25​, above​ its last closing price of $0.86. ​​​

This summary was machine generated May 10 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated