ESS Tech Inc expected to post a loss of $1.26 a share - Earnings Preview

Reuters11-12
ESS Tech Inc <gwh.n> expected to post a loss of $1.26 a share - Earnings Preview </gwh.n>
  • ESS Tech Inc GWH.N, GWH is expected to show a rise in quarterly revenue when it reports results on November 13 for the period ending September 30 2024

  • The Wilsonville Oregon-based company is expected to report a 264.2% increase in revenue to $5.628 million from $1.55 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for ESS Tech Inc is for a loss of $1.26 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 $14.00​, above​ its last closing price of $9.85. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Jun. 30 2024

-1.44

-1.53

-1.80

Missed

-18

Mar. 31 2024

-1.69

-1.69

-1.50

Beat

11.3

Dec. 31 2023

-1.65

-1.35

Beat

18.2​

Sep. 30 2023

-1.74

-2.01

-1.65

Beat

18.1

​​Jun. 30 2023

-2.20

-2.22

-2.25

Missed

-1.4

Mar. 31 2023

-2.83

-2.75

-2.10

Beat

23.7​

Dec. 31 2022

-2.95

-2.81

-2.40

Beat

14.6

Sep. 30 2022

-2.47

-2.51

-3.15

Missed

-25.6

This summary was machine generated November 12 at 03:51 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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