Stem Inc reports results for the quarter ended in December - Earnings Summary

Stem

16/02/2023 22:05

* Stem Inc  STEM.N  reported a quarterly adjusted loss of 23
cents​​ per share for the quarter ended in December. The mean
expectation of eleven analysts for the quarter was for a loss
of 20 cents per share.
    * Revenue rose 194.5% to $155.44 million from a year ago;
analysts
expected $166.43 million. 
    * Stem Inc's reported EPS for the quarter was a loss of 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Stem Inc shares had risen by 14.7% this quarter.
    * The company reported a quarterly loss of $35.27 million.
    * Wall Street's median 12-month price target for Stem Inc is
$17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
16 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.20          -0.23          Missed
 Sep. 30 2022      -0.17          -0.22          Missed
 Jun. 30 2022      -0.18          -0.21          Missed
 Mar. 31 2022      -0.15          -0.06          Beat