Freyr Battery (FREY) to Post Q4 Earnings: What's in Store?

Zacks02-28

Freyr Battery Inc. FREY is slated to report fourth-quarter and full-year 2023 results on Feb 29, before market open. In the last reported quarter, the company delivered an earnings surprise of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2414011329?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/caUpN4ULtuWRZlV7siv59Q--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b7c76c829a81f7b44a83a1670d6cee21","is_english":true,"pubTime":"2024-02-28 19:45","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2414011329","market":"us","top_or_hot":-1,"title":"Freyr Battery (FREY) to Post Q4 Earnings: What's in Store?","media":"Zacks","content":"<div>\n<p>Freyr Battery Inc. FREY is slated to report fourth-quarter and full-year 2023 results on Feb 29, before market open.   \nIn the last reported quarter, the company delivered an earnings surprise of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/freyr-battery-frey-post-q4-114500378.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Freyr Battery (FREY) to Post Q4 Earnings: What's in Store?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFreyr Battery (FREY) to Post Q4 Earnings: What's in Store?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-28 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/freyr-battery-frey-post-q4-114500378.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Freyr Battery Inc. FREY is slated to report fourth-quarter and full-year 2023 results on Feb 29, before market open.   \nIn the last reported quarter, the company delivered an earnings surprise of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/freyr-battery-frey-post-q4-114500378.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ORA","symbol_name":"奥玛特科技","start_time":0,"source_url":"https://finance.yahoo.com/news/freyr-battery-frey-post-q4-114500378.html","article_id":"2414011329","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/caUpN4ULtuWRZlV7siv59Q--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b7c76c829a81f7b44a83a1670d6cee21"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2414011329","pubTimestamp":1709120700,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Freyr Battery Inc. FREY is slated to report fourth-quarter and full-year 2023 results on Feb 29, before market open.In the last reported quarter, the company delivered an earnings surprise of 82.50%. It also delivered a trailing four-quarter average earnings surprise of 38.71%.As FREY continues with its development of the Giga America battery manufacturing project in Coweta County, GA, we may expect to receive further information on this once the company releases fourth-quarter results.Freyr Battery Inc. price-eps-surprise | Freyr Battery Inc. Quote. During the quarter, Freyr Battery is likely to have secured initial buildings of Giga Arctic as well as continued operational progress at the Customer Qualification Plant in Mo i Rana, Norway.The Zacks Consensus Estimate for FREY’s fourth-quarter earnings is pegged at a loss of 27 cents per share, flat year over year.Ormat Technologies ORA reported fourth-quarter 2023 adjusted earnings per share of 67 cents, which outpaced the Zacks Consen","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"ORA":"奥玛特科技","POST":"Post Holdings","FREY":"Freyr Battery"},"translate_title":"弗雷电池公司（FREY）将公布第四季度收益：商店里有什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FREY":1,"POST":1,"ORA":0.9},"content_text":"Freyr Battery Inc. FREY is slated to report fourth-quarter and full-year 2023 results on Feb 29, before market open.   \nIn the last reported quarter, the company delivered an earnings surprise of 82.50%. It also delivered a trailing four-quarter average earnings surprise of 38.71%.\nFactors to Note\nAs FREY continues with its development of the Giga America battery manufacturing project in Coweta County, GA, we may expect to receive further information on this once the company releases fourth-quarter results.\n\nFreyr Battery Inc. Price and EPS Surprise\n\nFreyr Battery Inc. price-eps-surprise | Freyr Battery Inc. Quote\n\nDuring the quarter, Freyr Battery is likely to have secured initial buildings of Giga Arctic as well as continued operational progress at the Customer Qualification Plant in Mo i Rana, Norway.\nIn December 2023, FREY received its shareholders’ approval to redomicile from Luxembourg to the United States. We may expect the upcoming results to offer more insight in this matter.\nHigher general and administrative expenses as well as increased research and development costs might have had an adverse impact on the company’s bottom-line performance in the soon-to-be-reported quarter.\nThe Zacks Consensus Estimate for FREY’s fourth-quarter earnings is pegged at a loss of 27 cents per share, flat year over year.\nWhat the Zacks Model Unveils\nOur proven model does not conclusively predict an earnings beat for Freyr Battery this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.Earnings ESP: FREY’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Freyr Battery currently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.\nStocks to Consider\nHere are three companies from the same sector you may want to consider, as these have the right combination of elements to post an earnings beat this reporting cycle.Fuelcell Energy FCEL has an Earnings ESP of +31.03% and a Zacks Rank #3 at present. It delivered an average earnings surprise of 13.39% in the last four quarters.\nThe Zacks Consensus Estimate for the company’s first-quarter fiscal 2024 sales is pegged at $21.8 million and the same for earnings is pegged at a loss of 7 cents per share, which improved a penny over the past 60 days.  \nKodiak Gas Services KGS has an Earnings ESP of +20.00% and a Zacks Rank #3 at present. It delivered an earnings surprise of 16.67% in the last quarter.\nThe consensus estimate for the company’s fourth-quarter 2023 sales is pegged at $224.5 million and the same for earnings is pinned at 23 cents per share.\nA Recent Release\nOrmat Technologies ORA reported fourth-quarter 2023 adjusted earnings per share of 67 cents, which outpaced the Zacks Consensus Estimate of 60 cents by 11.7%. The bottom line, however, declined 8.2% on a year-over-year basis.\nIn the quarter under review, ORA generated revenues of $241.3 million, which surpassed the Zacks Consensus Estimate of $240 million. Moreover, the top line rose 17.4% year over year, driven by higher revenues from electricity and product segments.Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nFuelCell Energy, Inc. (FCEL) : Free Stock Analysis Report\nOrmat Technologies, Inc. (ORA) : Free Stock Analysis Report\nFreyr Battery Inc. (FREY) : Free Stock Analysis Report\nKodiak Gas Services, Inc. (KGS) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2414011329"}