Stem Inc expected to post a loss of 24 cents a share - Earnings Preview

Stem

03/05/2023 03:07

* Stem Inc  STEM.N   STEM.K  is expected to show a rise in
quarterly revenue when it reports  results on May 4. 
    * The San Francisco California-based  company is expected to
report  a 53.4% increase in revenue to $63.032 million from
$41.09 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stem Inc is for a
loss
of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Stem Inc is
$11​,
above​ its last closing price of $3.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  -0.18       -0.18      -0.21     Missed  -14.8​
 Mar. 31 2022  -0.08       -0.15      -0.06     Beat    61.2
 ​​Dec.        -0.12       -0.11      -0.65     Missed  -470.2
 31 2021                                                
 Sep. 30 2021  -0.31       -0.35      -1.13     Missed  -219.7
                                                        ​
 Jun. 30 2021  -0.11       -0.11      -0.24     Missed  -126.4
 This summary was machine generated May 3 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated