Energous Corp expected to post a loss of 85 cents a share - Earnings Preview

Energous

26/03/2024 20:08

* Energous Corp  WATT.OQ   WATT.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 28 for the
period ending December 31 2023
    * The San Jose California-based  company is expected to
report a
11.7% increase in revenue to $200 thousand from $179 thousand a
year ago, according to the estimate from one analyst, based on
LSEG data. (Majoirty is on Total Revenue)
    * ​LSEG's mean analyst estimate for Energous Corp is for a
loss
of 85 cents per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * 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
$11.75​, above​ its last closing price of $1.76. ​​​

This summary was machine generated March 26 at 20:08 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)