The third quarter financial results of Stem (NYSE: STEM) will be revealed on Wednesday 30th October 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
According to financial analysts on Wall Street, the enterprise is likely to announce an estimated per share $0.21 loss for the quarter. Additionally, the company is anticipated to reveal a total revenue of $38.72 million during this period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share loss of $0.49. This figure was attributed to the company's total revenue, which reached an impressive $133.74 million during that same period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $225.15 million. At the same time, the earnings per share for the company are also anticipated to reach loss of $4.03 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $-0.22 | +15.4% | 34.00 M | -63.4% |
| Q1 2024 | $-0.46 | -58.6% | 25.47 M | -62.2% |
| Q4 2023 | $-0.24 | -4.3% | 167.40 M | +7.7% |
| Q3 2023 | $-0.49 | -122.7% | 133.74 M | +34.4% |
| Q2 2023 | $-0.26 | -23.8% | 92.95 M | +38.8% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 30th October 2024 at 05:00 PM eastern time, in a conference call with public.
Stem (STEM) closed Monday's regular trading session at $0.57, reflecting a 5.56 percent upturn. During the day, STEM shares traded between $0.54 and $0.59, with a day volume of 3.48 million shares.
