Stardust Power Inc reports results for the quarter ended September 30 - Earnings Summary

• Stardust Power Inc SDST.OQ reported a quarterly adjusted loss of 52 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $-2.20. The mean expectation of four analysts for the quarter was for a loss of 40 cents per share. Wall Street expected results to range from -50 cents to -30 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Stardust Power Inc's reported EPS for the quarter was a loss of 53 cents​.

• The company reported a quarterly loss of $4.46 million.

• Stardust Power Inc shares had fallen by 19.9% 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," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty mining & metals peer group is also "buy"

• Wall Street's median 12-month price target for Stardust Power Inc is $25.00, about 89.6% above its last closing price of $2.61

This summary was machine generated from LSEG data March 25 at 11:43 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)