SES AI Corporation reports results for the quarter ended June 30 - Earnings Summary
SES AI Corporation reports results for the quarter ended June 30 - Earnings Summary
SES AI Corporation SES.N reported a quarterly adjusted loss of 5 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of four analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.
Revenue rose 43.8% to $5.07 million from a year ago; analysts expected $5.40 million.
SES AI Corporation's reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $17.9 million.
SES AI Corporation shares had fallen by 44.6% this quarter and lost 70.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.7% 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 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for SES AI Corporation is $2.70, about 80.3% above its last closing price of $0.53
This summary was machine generated from LSEG data August 11 at 09:01 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 | -0.05 | -0.05 | Met |
Mar. 31 2026 | -0.03 | -0.04 | Missed |
Dec. 31 2025 | -0.05 | -0.05 | Met |
Sep. 30 2025 | -0.03 | -0.06 | Missed |
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SES AI Corporation reports results for the quarter ended June 30 - Earnings Summary
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