ESS Tech Inc reports results for the quarter ended June 30 - Earnings Summary

ESS Tech

14/08/2025 22:01

ESS Tech Inc GWH.N reported a quarterly adjusted loss of 90 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $-1.80.  The mean expectation of two analysts for the quarter was for a loss of 86 cents per share. Wall Street expected results to range from -88 cents to -85 cents per share.

Revenue rose 577.6% to $2.36 million from a year ago; analysts expected $4.40 million.

ESS Tech Inc's reported EPS for the quarter was a loss of 90 cents​.

The company reported a quarterly loss of $11.06 million.

ESS Tech Inc shares had risen by 27.1% this quarter and lost 71.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 14.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is  "buy."

Wall Street's median 12-month price target for ESS Tech Inc is $3.83, about 55.3% above its last closing price of $1.71

This summary was machine generated from LSEG data August 14 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
Jun. 30 2025
-0.86
-0.90
Missed
Mar. 31 2025
-1.24
-1.50
Missed
Dec. 31 2024
-1.37
-1.97
Missed
Sep. 30 2024
-1.26
-1.90
Missed