Stem Inc expected to post a loss of 14 cents a share - Earnings Preview

Stem

26/02/2024 22:29

* Stem Inc  STEM.N   STEM.K  is expected to show a rise in
quarterly revenue when it reports  results on February 28 for
the period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 66.3% increase in revenue to $258.433 million from
$155.44 million a year ago, according to the mean estimate from
11 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Stem Inc is for a loss
of 14
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 8
"hold" and 1 "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 Stem Inc is
$5.25​, above​ its last closing price of $2.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.18       -0.18      -0.49     Missed  -171
 Jun. 30 2023  -0.19       -0.17      -0.26     Missed  -52.9
 Mar. 31 2023  -0.24       -0.24      -0.29     Missed  -23.1​
 Dec. 31 2022  -0.21       -0.20      -0.23     Missed  -15.4
 ​​Sep.        -0.18       -0.17      -0.22     Missed  -28.7
 30 2022                                                
 Jun. 30 2022  -0.18       -0.18      -0.21     Missed  -14.8​
 Mar. 31 2022  -0.08       -0.15      -0.06     Beat    61.2
 Dec. 31 2021  -0.12       -0.11      -0.65     Missed  -470.2
 This summary was machine generated February 26 at 22:29 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)