Energy Vault Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview

Energy Vault Holdings

14/03/2025 20:55

Energy Vault Holdings Inc NRGV.N, NRGV.K is expected to show a fall in quarterly revenue when it reports  results on March 17 for the period ending December 31 2024

The Westlake Village California-based  company is expected to report a 64.0% decrease in revenue to $42.514 million from $118.24 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Energy Vault Holdings Inc is for a loss of 13 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "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 $2.50​, above​ its last closing price of $1.15. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.14
-0.14
-0.18
Missed
-29.2
Jun. 30 2024
-0.12
-0.12
-0.18
Missed
-50
Mar. 31 2024
-0.12
-0.13
-0.14
Missed
-5.1​
Dec. 31 2023
-0.11
-0.11
-0.14
Missed
-22.8
​​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

This summary was machine generated March 14 at 20:55 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)