Picture of Fluence Energy logo

FLNC — Fluence Energy News Story

0.000.00%
us flag iconLast trade - 00:00
EnergySpeculativeMid CapValue Trap

Fluence Energy Inc reports results for the quarter ended March 31 - Earnings Summary

Fluence Energy Inc FLNC.OQ reported a quarterly adjusted loss of 24 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -7 cents.  The mean expectation of nineteen analysts for the quarter was for a loss of 22 cents per share. Wall Street expected results to range from -28 cents to -10 cents per share.

Revenue fell 30.7% to $431.62 million from a year ago; analysts expected $332.92 million.

Fluence Energy Inc's reported EPS for the quarter was a loss of 24 cents​.

The company reported a quarterly loss of $31.05 million.

Fluence Energy Inc shares had fallen by 13.6% this quarter and lost 73.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 67.7% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 15 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "hold"

Wall Street's median 12-month price target for Fluence Energy Inc is $5.00

This summary was machine generated from LSEG data May 7 at 09:06 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 2025-0.22-0.24Missed
Dec. 31 2024-0.19-0.32Missed
Sep. 30 20240.290.34Beat
Jun. 30 2024-0.130.00Beat

Recent news on Fluence Energy

See all news