Energy Vault Holdings Inc expected to post a loss of 11 cents a share - Earnings Preview

Energy Vault Holdings

08/03/2024 20:59

* Energy Vault Holdings Inc  NRGV.N   NRGV.K  is expected
to show
a rise in quarterly revenue when it reports  results on March 12
for the period ending December 31 2023
    * The Westlake Village California-based  company is expected
to
report a 51.0% increase in revenue to $151.496 million from
$100.32 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data. (TOTAL REVENUE)
    * ​LSEG's mean analyst estimate for Energy Vault Holdings
Inc is
for a loss of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and 1 "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 Energy
Vault
Holdings Inc is $6.00​, above​ its last closing price of $1.77.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.17       -0.15      -0.13     Beat    15.9
 Jun. 30 2023  -0.21       -0.20      -0.18     Beat    11.1
 Mar. 31 2023  -0.23       -0.24      -0.22     Beat    6.9​
 Dec. 31 2022  -0.16       -0.15      -0.17     Missed  -12.3
 ​​Sep.        -0.11       -0.13      -0.25     Missed  -87.3
 30 2022                                                
 Jun. 30 2022  -0.08       -0.08      -0.16     Missed  -106​
 Mar. 31 2022  -0.04       -0.04      0.26      Beat    750
 Dec. 31 2021              -11.55                       
 This summary was machine generated March 8 at 20:59 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)