Fervo Energy Co reports results for the quarter ended June 30 - Earnings Summary
Fervo Energy Co reports results for the quarter ended June 30 - Earnings Summary
Fervo Energy Co FRVO.OQ reported a quarterly adjusted loss of 38 cents per share for the quarter ended June 30. The mean expectation of nine analysts for the quarter was for a loss of 8 cents per share. Wall Street expected results to range from -20 cents to -2 cents per share.
Revenue was $113.00 thousand; analysts expected $420.00 thousand.
Fervo Energy Co's reported EPS for the quarter was a loss of 38 cents.
The company reported a quarterly loss of $55.92 million.
Fervo Energy Co shares had fallen by 17.3% this quarter.
FORECAST CHANGES
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 11 "strong buy" or "buy," 1 "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 Fervo Energy Co is $47.00, about 48.6% above its last closing price of $24.17
This summary was machine generated from LSEG data August 12 at 01:31 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 2026 | -0.08 | -0.38 | Missed |
Mar. 31 2026 | -0.07 | -3.72 | Missed |
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