Stem Inc expected to post a loss of 18 cents a share - Earnings Preview

Stem

01/11/2023 02:40

* Stem Inc  STEM.N   STEM.K  is expected to show a rise in
quarterly revenue when it reports  results on November 2. 
    * The San Francisco California-based  company is expected to
report  a 79.4% increase in revenue to $178.487 million from
$99.5 million a year ago, according to the mean estimate from 12
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Stem Inc is for a
loss
of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 6
"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
$7​,
above​ its last closing price of $3.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.18       -0.17      -0.22     Missed  -28.7
 ​​Jun.        -0.18       -0.18      -0.21     Missed  -14.8
 30 2022                                                
 Mar. 31 2022  -0.08       -0.15      -0.06     Beat    61.2​
 Dec. 31 2021  -0.12       -0.11      -0.65     Missed  -470.2
 Sep. 30 2021  -0.31       -0.35      -1.13     Missed  -219.7
 This summary was machine generated November 1 at 02:40 GMT.  All
figures in US dollars  unless otherwise stated