Streetbeat News

EOSE

Eos Energy Enterprises, Inc.

https://www.eosenergystorage.com

Industry

Electrical Equipment & Parts

Eos Energy Enterprises, Inc. designs, manufactures, and deploys battery storage solutions for utility, commercial and industrial, and renewable energy markets in the United States. It offers stationary battery storage solutions. The company's flagship product is the Eos Znyth DC battery system designed to meet the requirements of the grid-scale energy storage market. Eos Energy Enterprises, Inc. was founded in 2008 and is headquartered in Edison, New Jersey.

Open

2.23

Mkt cap

477M

Volume

15M

High

2.29

P/E Ratio

-0.89

52-wk high

3.66

Low

2.16

Div yield

N/A

52-wk low

0.61

Eos Energy Enterprises (NASDAQ:EOSE) reported Q3 losses of $(0.05) per share, beating the analyst consensus estimate of $(0.31) by 83.87%. However, the company's quarterly sales of $684.00K missed the analyst consensus estimate of $4.37M by 84.35%. This represents a 95.54% increase in losses and an 88.72% decrease in sales compared to the same period last year.

Portfolio Pulse from mahesh@benzinga.com

November 06, 2023 | 10:19 pm

Eos Energy Enterprises has updated its FY23 revenue and booked orders, which are expected to be below prior guidance.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:15 pm

Eos Energy Enterprises reported Q3 losses of $(0.05) per share, a 95.54% increase YoY. The company's quarterly sales were $684.00K, missing the analyst consensus estimate of $4.37M by 84.35%, a decrease of 88.72% YoY.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 10:13 pm

In Monday's after-market session, several industrials stocks saw significant movement. Gainers included Astra Space (ASTR), Advent Technologies Hldgs (ADN), Fusion Fuel Green (HTOO), Leonardo DRS (DRS), Xos (XOS), and Intuitive Machines (LUNR). Losers included Ameresco (AMRC), Applied UV (AUVI), Nuvve Holding (NVVE), Eos Energy Enterprises (EOSE), Sidus Space (SIDU), and iSun (ISUN).

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 9:30 pm

Shares of several industrial sector companies are trading lower due to overall market weakness following a rise in Treasury yields after the release of CPI data.

Portfolio Pulse from Benzinga Newsdesk

October 12, 2023 | 7:27 pm

Benchmark analyst Kurt Hallead initiated coverage on Tetra Technologies Inc (TTI) with a Buy rating and price target of $8. The analyst believes TTI is focusing on lithium for EV battery technology, zinc bromide for long-term battery storage, and water recycling from oil and gas operations. These areas are estimated to add $280 million to EBITDA and $8 in equity value. TTI's shares are trading higher by 4.84% at $6.50.

Portfolio Pulse from Lekha Gupta

September 28, 2023 | 7:16 pm

Insiders at four companies have recently made significant purchases of their own stocks. Eos Energy Enterprises CEO Joe Mastrangelo bought 36,500 shares at an average price of $2.05. Cadiz Inc. Executive Director Susan Kennedy acquired 15,822 shares at an average price of $3.17. Fluent, Inc. 10% owner Frost Gamma Investments Trust bought 100,000 shares at an average price of $0.46. Nuvation Bio Inc. Director Biotech Opportunity GP, LLC purchased 5,313,100 shares at an average price of $1.26.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 12:44 pm

Several stocks including Scholastic Corporation, Pharming Group N.V., American Oncology Network Inc, Cheche Group Inc., ING Groep N.V., PureCycle Technologies, Inc., and Eos Energy Enterprises, Inc. are moving lower in Friday's pre-market session. Scholastic reported downbeat Q1 results, while ING Groep announced the sale of its 85% stake in fintech subsidiary, Cobase.

Portfolio Pulse from Lisa Levin

September 22, 2023 | 10:02 am

During Thursday's pre-market session, several industrials stocks experienced significant movement. Gainers included Jet AI (JTAI), Singularity Future Tech (SGLY), Smart Powerr (CREG), ESGL Holdings (ESGL), Greenbrier Companies (GBX), and C3is (CISS). Losers included Transcat (TRNS), Greenwave Tech Solns (GWAV), LanzaTech Global (LNZA), Gaucho Group Holdings (VINO), Eos Energy Enterprises (EOSE), and Vertical Aerospace (EVTL).

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 1:06 pm

Several US stocks recorded gains in Tuesday's trading session. Orchestra BioMed Holdings, Inc. (NASDAQ:OBIO) jumped 24.4% after the FDA granted an investigational device exemption for a study. Rackspace Technology, Inc. (NASDAQ:RXT) rose 20.2% following an upgrade from Raymond James. Eos Energy Enterprises, Inc. (NASDAQ:EOSE), Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD), Conduent Incorporated (NASDAQ:CNDT), Stem, Inc. (NYSE:STEM), Liberty TripAdvisor Holdings, Inc. (NASDAQ:LTRPB), Aspen Aerogels, Inc. (NYSE:ASPN), Waldencast plc (NASDAQ:WALD), Methanex Corporation (NASDAQ:MEOH), Lumen Technologies, Inc. (NYSE:LUMN), The Children's Place, Inc. (NASDAQ:PLCE), Array Technologies, Inc. (NASDAQ:ARRY), Semtech Corporation (NASDAQ:SMTC), Honda Motor Co., Ltd. (NYSE:HMC), and Vital Farms, Inc. (NASDAQ:VITL) also saw significant gains.

Portfolio Pulse from Lisa Levin

September 19, 2023 | 2:43 pm

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