SES AI (NYSE:SES) is preparing to release its quarterly earnings on Thursday, 2024-10-31. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect SES AI to report an earnings per share (EPS) of $-0.12.
The market awaits SES AI's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.02, leading to a 9.23% drop in the share price the following trading session.
Here's a look at SES AI's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.05 | -0.08 | -0.10 |
| EPS Actual | -0.06 | -0.05 | -0.03 | -0.04 |
| Price Change % | -9.0% | -5.0% | 14.000000000000002% | -3.0% |
To track all earnings releases for SES AI visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
