Solid Power, Inc reports results for the quarter ended June 30 - Earnings Summary
Solid Power, Inc reports results for the quarter ended June 30 - Earnings Summary
Solid Power, Inc SLDP.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -14 cents. The mean expectation of two analysts for the quarter was for a loss of 12 cents per share.
Revenue rose 115.7% to $-1.02 million from a year ago; analysts expected $2.14 million.
Solid Power, Inc's reported EPS for the quarter was a loss of 11 cents.
The company reported a quarterly loss of $23.82 million.
Solid Power, Inc shares had fallen by 17.8% this quarter and lost 49.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 11.1% 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 "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"
Wall Street's median 12-month price target for Solid Power, Inc is $6.88, about 69% above its last closing price of $2.13
This summary was machine generated from LSEG data August 4 at 09:57 p.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.12 | -0.11 | Beat |
Mar. 31 2026 | -0.13 | -0.06 | Beat |
Dec. 31 2025 | -0.16 | -0.14 | Beat |
Sep. 30 2025 | -0.17 | -0.14 | Beat |