* Solid Power Inc reported a quarterly adjusted loss of 13 cents per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of four analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -11 cents tozero cents per share.
* Revenue rose 3.4% to $5.08 million from a year ago; analysts expected $9.33 million.
* Solid Power Inc's reported EPS for the quarter was a loss of 13 cents.
* The company reported a quarterly loss of $22.27 million.
* Solid Power Inc shares had fallen by 4.2% this quarter and gained 9.0% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 22.2% in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "hold."
Wall Street's median 12-month price target for Solid Power Inc is $3.00 This summary was machine generated from LSEG data August 6 at 10:38 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 -0.07 -0.13 Missed
Mar. 31 2024 -0.09 -0.12 Missed
Dec. 31 2023 -0.12 -0.11 Beat
Sep. 30 2023 -0.13 -0.08 Beat
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