Eos Energy Enterprises (EOSE) Projected to Post Quarterly Earnings on Tuesday

Eos Energy Enterprises (NASDAQ:EOSE - Get Free Report) is expected to be issuing its Q4 2024 quarterly earnings data after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $6.54 million for the quarter. Parties interested in participating in the company's conference call can do so using this link.

Eos Energy Enterprises Price Performance

NASDAQ:EOSE traded up $1.03 during mid-day trading on Wednesday, hitting $4.97. 13,073,391 shares of the company's stock were exchanged, compared to its average volume of 7,401,314. The company has a market cap of $1.08 billion, a PE ratio of -2.06 and a beta of 2.15. Eos Energy Enterprises has a one year low of $0.61 and a one year high of $6.64. The business has a fifty day moving average price of $5.18 and a 200 day moving average price of $3.70.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Roth Mkm cut shares of Eos Energy Enterprises from a "buy" rating to a "neutral" rating and lifted their target price for the stock from $4.00 to $5.00 in a report on Thursday, February 20th. Roth Capital cut shares of Eos Energy Enterprises from a "strong-buy" rating to a "hold" rating in a report on Thursday, February 20th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Eos Energy Enterprises currently 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.