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SLDP — Solid Power News Story

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

Solid Power Inc SLDP.OQ reported a quarterly adjusted loss of 17 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -11 cents.  The mean expectation of two analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -14 cents to -12 cents per share.

Revenue rose 90% to $4.46 million from a year ago; analysts expected $3.85 million.

Solid Power Inc's reported EPS for the quarter was a loss of 17 cents​.

The company reported a quarterly loss of $30.62 million.

Solid Power Inc shares had fallen by 36.0% 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 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Solid Power Inc is $2.50

This summary was machine generated from LSEG data February 28 at 05:03 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 2024-0.13-0.17Missed
Sep. 30 2024-0.13-0.13Met
Jun. 30 2024-0.07-0.13Missed
Mar. 31 2024-0.09-0.12Missed

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