Stem Inc expected to post a loss of 21 cents a share - Earnings Preview

Stem

29/10/2024 03:13

* Stem Inc  STEM.N   STEM.K  is expected to show a fall in
quarterly revenue when it reports  results on October 30 for the
period ending September 30 2024
    * The San Francisco California-based  company is expected to
report a 71.0% decrease in revenue to $38.719 million from
$133.74 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Stem Inc is for a loss
of 21
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 11
"hold" and no "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
$1.00​, above​ its last closing price of $0.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.23       -0.23      -0.22     Beat    2.8
 Mar. 31 0001  -0.22       -0.21      -0.46     Missed  -119.5
 Dec. 31 2023  -0.14       -0.14      -0.24     Missed  -68.7​
 Sep. 30 2023  -0.18       -0.18      -0.49     Missed  -171
 ​​Jun.        -0.19       -0.17      -0.26     Missed  -52.9
 30 2023                                                
 Mar. 31 2023  -0.24       -0.24      -0.29     Missed  -23.1​
 Jan. 1 0001   -0.21       -0.20      -0.23     Missed  -15.4
 Jan. 1 0001   -0.18       -0.17      -0.22     Missed  -28.7
 This summary was machine generated October 29 at 03:12 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)