Energy Vault Holdings Inc reports results for the quarter ended December 31 - Earnings Summary
17/03/2025 21:02
Energy Vault Holdings Inc NRGV.N reported a quarterly adjusted loss of 43 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of four analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -14 cents to -12 cents per share. Revenue fell 71.7% to $33.47 million from a year ago; analysts expected $42.51 million. Energy Vault Holdings Inc's reported EPS for the quarter was a loss of 43 cents. The company reported a quarterly loss of $61.83 million. Energy Vault Holdings Inc shares had fallen by 49.6% this quarter. FORECAST CHANGES The mean earnings estimate of analysts was unchanged in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS 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 average consensus recommendation for the heavy electrical equipment peer group is also "buy" Wall Street's median 12-month price target for Energy Vault Holdings Inc is $2.50 This summary was machine generated from LSEG data March 17 at 09:01 p.m. UTC. 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)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Dec. 31 2024 | -0.13 | -0.43 | Missed |
| Sep. 30 2024 | -0.14 | -0.18 | Missed |
| Jun. 30 2024 | -0.12 | -0.18 | Missed |
| Mar. 31 2024 | -0.13 | -0.14 | Missed |
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