Stem Inc STEM.N, STEM.K is expected to show a fall in quarterly revenue when it reports results on March 4 for the period ending December 31 2024
The San Francisco California-based company is expected to report a 71.4% decrease in revenue to $47.885 million from $167.42 million a year ago, according to the mean estimate from 7 analysts, based on LSEG data.
‚ÄčLSEG's mean analyst estimate for Stem Inc is for a loss of 20 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč
Wall Street's median 12-month price target for Stem Inc is $0.60‚Äč, above‚Äč its last closing price of $0.43. ‚Äč‚Äč‚Äč
Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč
QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.21
-0.21
-0.27
Missed
-29.3
Jun. 30 2024
-0.23
-0.23
-0.22
Beat
2.8
Mar. 31 2024
-0.22
-0.21
-0.46
Missed
-119.5‚Äč
Dec. 31 2023
-0.14
-0.14
-0.24
Missed
-68.7
‚Äč‚ÄčSep. 30 2023
-0.18
-0.18
-0.49
Missed
-171
Jun. 30 2023
-0.19
-0.17
-0.26
Missed
-52.9‚Äč
Mar. 31 2023
-0.24
-0.24
-0.29
Missed
-23.1
Dec. 31 2022
-0.21
-0.20
-0.23
Missed
-15.4
This summary was machine generated February 28 at 22:16 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)