FREYR Battery Inc reports results for the quarter ended in December - Earnings Summary
FREYR Battery Inc FREY.N reported a quarterly adjusted loss of 17 cents per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 20 cents. The mean expectation of three analysts for the quarter was for a loss of 25 cents per share. Wall Street expected results to range from -28 cents to -20 cents per share.
Reported revenue was zero; analysts expected $500.00 thousand.
FREYR Battery Inc's reported EPS for the quarter was a loss of 17 cents.
The company reported a quarterly loss of $24.15 million.
FREYR Battery Inc shares had fallen by 11.2% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the electrical components & equipment peer group is also "hold"
Wall Street's median 12-month price target for FREYR Battery Inc is $2.00
This summary was machine generated from LSEG data February 29 at 12:36 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 2023 | -0.25 | -0.17 | Beat |
Sep. 30 2023 | -0.31 | -0.07 | Beat |
Jun. 30 2023 | -0.26 | -0.18 | Beat |
Mar. 31 2023 | -0.28 | -0.09 | Beat |
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