Solid Power Inc expected to post a loss of 9 cents a share - Earnings Preview

Solid Power

04/05/2024 04:02

* Solid Power Inc  SLDP.OQ   SLDP.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Louisville Colorado-based  company is expected to
report a
27.5% increase in revenue to $4.833 million from $3.79 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Solid Power Inc is for a
loss
of 9 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 $3.00​, above​ its last closing price of $1.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.12       -0.12      -0.11     Beat    11.3
 Sep. 30 0001  -0.15       -0.13      -0.08     Beat    39.6
 Jan. 1 0001   -0.11       -0.11      -0.07     Beat    35.2​
 Mar. 31 2023  -0.11       -0.11      -0.11     Met     -2.3
 ​​Dec.        -0.09       -0.10      0.00      Beat    96.9
 31 2022                                                
 Sep. 30 2022  -0.10       -0.11      -0.07     Beat    35.2​
 Jan. 1 0001   -0.08       -0.09      0.08      Beat    188.9
 Mar. 31 2022  -0.10       -0.09      -0.06     Beat    30.8
 This summary was machine generated May 4 at 03:02 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)