Energy Vault Holdings Inc expected to post a loss of 14 cents a share - Earnings Preview

* Energy Vault Holdings Inc is expected to show a fall in quarterly revenue when it reports results on November 12 for the period ending September 30 2024

* The Westlake Village California-based company is expected to report a 92.2% decrease in revenue to $13.402 million from $172.21 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Energy Vault Holdings Inc is for a loss of 14 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and 2 "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 Energy Vault Holdings Inc is $2.50​, above​ its last closing price of $2.11. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 -0.12 -0.12 -0.18 Missed -50

Jan. 1 2024 -0.12 -0.13 -0.14 Missed -5.1

Dec. 31 2023 -0.11 -0.11 -0.14 Missed -22.8​

Sep. 30 2023 -0.17 -0.15 -0.13 Beat 15.9

​​Jun. -0.21 -0.20 -0.18 Beat 11.1

30 2023

Mar. 31 2023 -0.23 -0.24 -0.22 Beat 6.9​

Jan. 1 0001 -0.16 -0.15 -0.17 Missed -12.3

Sep. 30 2022 -0.11 -0.13 -0.25 Missed -87.3

This summary was machine generated November 8 at 23:23 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)