Eos Energy Enterprises (EOSE) to Release Earnings on Tuesday

Eos Energy Enterprises (NASDAQ:EOSE - Get Free Report) is projected to post its quarterly earnings results after the market closes on Tuesday, March 4th. Analysts expect Eos Energy Enterprises to post earnings of ($0.18) per share and revenue of $6.54 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Eos Energy Enterprises Price Performance

Eos Energy Enterprises stock traded up $0.30 during midday trading on Friday, reaching $4.37. The company had a trading volume of 5,887,636 shares, compared to its average volume of 7,365,027. Eos Energy Enterprises has a 12-month low of $0.61 and a 12-month high of $6.64. The company has a market capitalization of $952.28 million, a P/E ratio of -1.81 and a beta of 2.10. The firm's fifty day simple moving average is $5.20 and its 200-day simple moving average is $3.62.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EOSE. Roth Capital lowered Eos Energy Enterprises from a "strong-buy" rating to a "hold" rating in a research note on Thursday, February 20th. Roth Mkm lowered shares of Eos Energy Enterprises from a "buy" rating to a "neutral" rating and upped their target price for the stock from $4.00 to $5.00 in a report on Thursday, February 20th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Eos Energy Enterprises has an average rating of "Hold" and a consensus price target of $4.10.

Eos Energy Enterprises Company Profile

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.