* Stem Inc is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2024
* The San Francisco California-based company is expected to report a 15.3% decrease in revenue to $57.111 million from $67.41 million a year ago, according to the mean estimate from 8 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 6 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by about 0.6% in the last three months.
* Wall Street's median 12-month price target for Stem Inc is $4.00, above its last closing price of $1.84.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 -0.14 -0.14 -0.24 Missed -68.7
Sep. 30 2023 -0.18 -0.18 -0.49 Missed -171
Jun. 30 2023 -0.19 -0.17 -0.26 Missed -52.9
Mar. 31 2023 -0.24 -0.24 -0.29 Missed -23.1
Dec. -0.21 -0.20 -0.23 Missed -15.4
31 2022
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
This summary was machine generated April 30 at 21:15 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)
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