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

Reuters03-30
Fermi Inc reports results for the quarter ended December 31 - Earnings Summary
  • Fermi Inc FRMI.OQ reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended December 31. The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -1 cents per share.

  • Reported revenue was zero​; analysts expected $8.26 million.

  • Fermi Inc's reported EPS for the quarter was a loss of 18 cents​.

  • The company reported a quarterly loss of $133.2 million.

  • Fermi Inc shares had fallen by 22.8% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 16.3% 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 10 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the multiline utilities peer group is also "buy"

  • Wall Street's median 12-month price target for Fermi Inc is $29.50, about 79.1% above its last closing price of $6.18

This summary was machine generated from LSEG data March 30 at 03:58 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

Dec. 31 2025

-0.02

-0.18

Missed

Sep. 30 2025

-0.03

-0.08

Missed

-0.05

0.00

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