Solid Power Inc reports results for the quarter ended December 31 - Earnings Summary

• Solid Power Inc SLDP.OQ reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -17 cents. The lone analyst forecast for the quarter was for a loss of 16 cents per share.

• Revenue fell 18.6% to $3.63 million from a year ago; analysts expected $2.50 million.

• Solid Power Inc's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $27.06 million.

• Solid Power Inc shares had fallen by 19.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

• Wall Street's median 12-month price target for Solid Power Inc is $7.00, about 49.4% above its last closing price of $3.54

This summary was machine generated from LSEG data February 25 at 04:41 a.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)