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

Solid Power

09/05/2023 04:39

* Solid Power Inc  SLDP.OQ  reported a quarterly adjusted
loss
of 11 cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss
of 11 cents per share.
    * Revenue rose 72.7% to $3.79 million from a year ago;
analysts
expected $3.98 million. 
    * Solid Power Inc's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.5%
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 fallen by 30.2% this
quarter and
lost 17.3% so far this year.
    * The company reported a quarterly loss of $19.16 million.
    * Wall Street's median 12-month price target for Solid Power
Inc
is $4.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 03:38 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.11          -0.11          Met
 Dec. 31 2022      -0.10          0.00           Beat
 Sep. 30 2022      -0.11          -0.07          Beat
 Jun. 30 2022      -0.09          0.08           Beat