Fermi Inc reports results for the quarter ended September 30 - Earnings Summary

Fermi

Today 15:18

Fermi Inc FRMI.OQ reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -8 cents.  The mean expectation of three analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -13 cents to -4 cents per share.
Reported revenue was zero​; analysts expected $2.40 million. 
Fermi Inc's reported EPS for the quarter was a loss of 22 cents​.
The company reported a quarterly loss of $141.6 million.
Fermi Inc shares had fallen by 57.0% this quarter and lost 77.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% 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 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy" 
Wall Street's median 12-month price target for Fermi Inc is $13.00, about 86.1% above its last closing price of $1.81
This summary was machine generated from LSEG data November 12 at 03:17 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
Sep. 30 2026 
-0.07
-0.22
Missed
Jun. 30 2026 
-0.07
-0.04
Beat
Mar. 31 2026 
-0.05
-0.26
Missed
Dec. 31 2025 
-0.02
-0.18
Missed