ESS Tech Inc expected to post a loss of $1.24 a share - Earnings Preview

ESS Tech

03/05/2025 24:08

ESS Tech Inc GWH.N, GWH is expected to show a rise in quarterly revenue when it reports  results on May 5 (estimated) for the period ending March 31 2025

The Wilsonville Oregon-based  company is expected to report a 26.1% increase in revenue to $3.453 million from $2.74 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

‚ÄãLSEG's mean analyst estimate for ESS Tech Inc is for a loss of $1.24 per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had fallen by about 2.4% in the last three months. ‚Äã

Wall Street's median 12-month price target for ESS Tech Inc is $3.00‚Äã, above‚Äã its last closing price of $2.18. ‚Äã‚Äã‚Äã

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

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
-1.34
-1.37
-1.97
Missed
-43.4
Sep. 30 2024
-1.23
-1.26
-1.90
Missed
-50.4
Jun. 30 2024
-1.44
-1.53
-1.80
Missed
-18‚Äã
Mar. 31 2024
-1.69
-1.69
-1.50
Beat
11.3
‚Äã‚ÄãDec. 31 2023
-1.65
-1.35
Beat
18.2
Sep. 30 2023
-1.74
-2.01
-1.65
Beat
18.1‚Äã
Jun. 30 2023
-2.20
-2.22
-2.25
Missed
-1.4
Mar. 31 2023
-2.83
-2.75
-2.10
Beat
23.7

This summary was machine generated May 2 at 23:08 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)