Energy Vault Holdings Inc expected to post a loss of 14 cents a share - Earnings Preview

Energy Vault Holdings

08/11/2024 23:23

* Energy Vault Holdings Inc  NRGV.N   NRGV.K  is expected
to show
a fall in quarterly revenue when it reports  results on November
12 for the period ending September 30 2024
    * The Westlake Village California-based  company is expected
to
report a 92.2% decrease in revenue to $13.402 million from
$172.21 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 14 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 $2.50​, above​ its last closing price of $2.11.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.12       -0.12      -0.18     Missed  -50
 Jan. 1 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.        -0.21       -0.20      -0.18     Beat    11.1
 30 2023                                                
 Mar. 31 2023  -0.23       -0.24      -0.22     Beat    6.9​
 Jan. 1 0001   -0.16       -0.15      -0.17     Missed  -12.3
 Sep. 30 2022  -0.11       -0.13      -0.25     Missed  -87.3
 This summary was machine generated November 8 at 23:23 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)