Energy Vault Holdings Q3 2023 EPS $(0.13) Beats $(0.15) Estimate, Sales $172.21M Beat $118.56M Estimate
Portfolio Pulse from vinayak@benzinga.com
Energy Vault Holdings (NYSE:NRGV) reported Q3 2023 earnings per share (EPS) of $(0.13), beating the analyst consensus estimate of $(0.15) by 13.33%. This is a 31.58% increase over losses from the same period last year. The company also reported quarterly sales of $172.21 million, beating the analyst consensus estimate of $118.56 million by 45.25%. This is a 10.07K% increase over sales from the same period last year.
November 07, 2023 | 9:32 pm
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Energy Vault Holdings reported better than expected Q3 2023 earnings and sales, which could positively impact its stock price.
Energy Vault Holdings reported a smaller loss than expected and significantly higher sales, both beating analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100