Romeo Power's Earnings: A Preview


Romeo Power RMO is set to give its latest quarterly earnings report on Tuesday, 2022-03-01. Here's what investors need to know before the announcement.

Analysts estimate that Romeo Power will report an earnings per share (EPS) of $-0.21.

Romeo Power bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.13, which was followed by a 18.06% increase in the share price the next day.

Here's a look at Romeo Power's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate -0.28 -0.16 -0.10 -0.13
EPS Actual -0.15 -0.22 0.66 -0.24
Price Change % 18.06% -18.21% 4.39% -19.67%

Stock Performance

Shares of Romeo Power were trading at $1.83 as of February 25. Over the last 52-week period, shares are down 85.99%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here

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Posted In: EarningsBZI-EP
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