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

Energy Vault Holdings

07/05/2024 03:04

* Energy Vault Holdings Inc  NRGV.N   NRGV.K  is expected
to show
a rise in quarterly revenue when it reports  results on May 8
for the period ending March 31 2024
    * The Westlake Village California-based  company is expected
to
report a 10.1% increase in revenue to $12.572 million from
$11.42 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 4 "strong buy" or "buy," no
"hold" and 2 "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 $3.50​, above​ its last closing price of $1.46.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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.        -0.16       -0.15      -0.17     Missed  -12.3
 31 2022                                                
 Sep. 30 2022  -0.11       -0.13      -0.25     Missed  -87.3​
 Jun. 30 2022  -0.08       -0.08      -0.16     Missed  -106
 Mar. 31 2022  -0.04       -0.04      0.26      Beat    750
 This summary was machine generated May 7 at 02:04 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)