Recap: Eos Energy Enterprises Q2 Earnings

Recap: Eos Energy Enterprises Q2 Earnings

 

Eos Energy Enterprises EOSE reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Eos Energy Enterprises missed estimated earnings by 71.19%, reporting an EPS of $-1.01 versus an estimate of $-0.59.

Revenue was up $5.28 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.29 which was followed by a 15.34% drop in the share price the next day.

Here's a look at Eos Energy Enterprises's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.56 -0.46 -0.47 -0.20
EPS Actual -0.85 -0.57 -0.34 -1.04
Revenue Estimate 4.32M 3.37M 1.43M 2.75M
Revenue Actual 3.30M 3.10M 718K 612K

To track all earnings releases for Eos Energy Enterprises visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews