Solid Power Inc expected to post a loss of 12 cents a share - Earnings Preview

Solid Power

24/02/2024 02:21

* Solid Power Inc  SLDP.OQ   SLDP.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Louisville Colorado-based  company is expected to
report a
2.9% decrease in revenue to $4.075 million from $4.2 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Solid Power Inc is for a
loss
of 12 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Solid Power
Inc
is $3.25​, above​ its last closing price of $1.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.15       -0.13      -0.08     Beat    39.6
 Jun. 30 2023  -0.11       -0.11      -0.07     Beat    35.2
 Mar. 31 2023  -0.11       -0.11      -0.11     Met     -2.3​
 Dec. 31 2022  -0.09       -0.10      0.00      Beat    96.9
 ​​Sep.        -0.10       -0.11      -0.07     Beat    35.2
 30 2022                                                
 Jun. 30 2022  -0.08       -0.09      0.08      Beat    188.9​
 Mar. 31 2022  -0.10       -0.09      -0.06     Beat    30.8
 Dec. 31 2021  -0.04       -0.03      0.28      Beat    1,033.
                                                        3
 This summary was machine generated February 24 at 02:21 GMT. 
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)