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

Stem

03/11/2022 23:58

* Stem Inc  STEM.N  reported a quarterly adjusted loss of 22
cents​​ per share for the quarter ended in September. The mean
expectation of nine analysts for the quarter was for a loss
of 17 cents per share.
    * Revenue rose 149.8% to $99.50 million from a year ago;
analysts
expected $84.27 million. 
    * Stem Inc's reported EPS for the quarter was a loss of 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Stem Inc shares had fallen by 12.1% this quarter and
lost 38.2%
so far this year.
    * The company reported a quarterly loss of $34.28 million.
    * Wall Street's median 12-month price target for Stem Inc is
$19.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 11:58 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.11          -0.65          Missed