ESS Tech Inc GWH.N reported a quarterly adjusted loss of 73 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-1.97. The lone analyst forecast for the quarter was for a loss of 100 cents per share.
Revenue rose 155.7% to $-1.59 million from a year ago; analysts expected $5.55 million.
ESS Tech Inc's reported EPS for the quarter was a loss of $1.20.
The company reported a quarterly loss of $10.38 million.
ESS Tech Inc shares had fallen by 23.4% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 21.1% 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 electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for ESS Tech Inc is $3.50, about 61.1% above its last closing price of $1.36
This summary was machine generated from LSEG data March 5 at 10:10 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 |
Sep. 30 2025 | -1.00 | -1.20 | Missed |
Jun. 30 2025 | -0.86 | -0.90 | Missed |
Jun. 30 2025 | -0.86 | -0.90 | Missed |
Dec. 31 2024 | -1.37 | -1.50 | Missed |
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