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SES AI Corp reports results for the quarter ended December 31 - Earnings Summary

SES AI Corp SES.N reported a quarterly adjusted loss of 11 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -3 cents.  The mean expectation of three analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -13 cents to -9 cents per share.

Reported revenue was zero​; analysts expected zero.

SES AI Corp's reported EPS for the quarter was a loss of 11 cents​.

The company reported a quarterly loss of $34.55 million.

SES AI Corp shares had fallen by 61.7% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "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 SES AI Corp is $1.00

This summary was machine generated from LSEG data February 26 at 08:49 a.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 2024-0.11-0.11Met
Sep. 30 2024-0.12-0.09Beat
Jun. 30 2024-0.08-0.06Beat
Mar. 31 2024-0.05-0.05Met

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