Eos Energy Enterprises (NASDAQ:EOSE) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:30 PM.
Here’s what investors need to know about the announcement.
Earnings
Eos Energy Enterprises missed estimated earnings by 18.84%, reporting an EPS of $-0.82 versus an estimate of $-0.69.
Revenue was up $5.54 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 19.63% drop in the share price the next day.
Here’s a look at Eos Energy Enterprises’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.72 | -0.69 | -0.59 | -0.56 |
| EPS Actual | -0.68 | -1.12 | -1.01 | -0.85 |
| Revenue Estimate | 2.99M | 13.30M | 6.61M | 4.32M |
| Revenue Actual | 2.67M | 6.07M | 5.89M | 3.30M |
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.
