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NPWR NET Power News Story

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NET Power Inc reports results for the quarter ended December 31 - Earnings Summary

NET Power Inc NPWR.N reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -34 cents.  The mean expectation of three analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -18 cents to -5 cents per share.

Reported revenue was zero​; analysts expected zero.

The company reported a quarterly loss of $34.32 million.

NET Power Inc shares had fallen by 34.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged 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 5 "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 NET Power Inc is $17.00

This summary was machine generated from LSEG data March 10 at 04:34 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
Dec. 31 2024-0.13-0.46Missed
Sep. 30 2024-0.120.01Beat
Jun. 30 2024-0.09-0.06Beat
Mar. 31 2024-0.25-0.16Beat

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