* ESS Tech Inc is expected to show a rise in quarterly revenue when it reports results on August 14 for the period ending June 30 2024
* The Wilsonville Oregon-based company is expected to report a 23.3% increase in revenue to $3.487 million from $2.83 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data.
* LSEG's mean analyst estimate for ESS Tech Inc is for a loss of 10 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for ESS Tech Inc is $1.50, above its last closing price of $0.67.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 -0.11 -0.11 -0.10 Beat 11.3
Dec. 31 2024 -0.11 -0.09 Beat 18.2
Sep. 30 2023 -0.12 -0.13 -0.11 Beat 18.1
Jun. 30 2023 -0.15 -0.15 -0.15 Met -1.4
Mar. -0.19 -0.18 -0.14 Beat 23.7
31 2023
Dec. 31 2022 -0.20 -0.19 -0.16 Beat 14.6
Sep. 30 2022 -0.16 -0.17 -0.21 Missed -25.6
Jan. 1 0001 -0.15 -0.15 -0.10 Beat 33.3
This summary was machine generated August 12 at 23:11 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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