Solid Power Inc reports results for the quarter ended in June - Earnings Summary

Solid Power

10/08/2022 06:21

* Solid Power Inc  SLDP.OQ  reported quarterly adjusted
earnings
of 8 cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for a loss of 9
cents per share.
    * Revenue was $2.58 million​; analysts expected $800.00
thousand. 
    * Solid Power Inc's reported EPS for the quarter was 8
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Solid Power Inc shares had risen by 24.5% this quarter and
lost 23.3% so far this year.
    * The company reported quarterly net income of $13.67
million.
    * Wall Street's median 12-month price target for Solid Power
Inc
is $11.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 10
at 05:21 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.09          0.08           Beat
 Mar. 31 2022      -0.09          -0.06          Beat
 Dec. 31 2021      -0.03          0.28           Beat