Eos Energy Enterprises (NASDAQ:EOSE) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Eos Energy Enterprises will report an earnings per share (EPS) of $-0.17.
Investors in Eos Energy Enterprises are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
The company's EPS missed by $0.06 in the last quarter, leading to a 18.82% drop in the share price on the following day.
Here's a look at Eos Energy Enterprises's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.19 | -0.25 | -0.25 | -0.31 |
| EPS Actual | -0.25 | -0.23 | -0.16 | -0.05 |
| Price Change % | -19.0% | -12.0% | 7.000000000000001% | -25.0% |
Eos Energy Enterprises Share Price Analysis
Shares of Eos Energy Enterprises were trading at $3.15 as of November 01. Over the last 52-week period, shares are up 117.91%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Eos Energy Enterprises visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
