ESS Tech (NYSE:GWH) Second Quarter 2024 Results
Key financial results
All figures shown in the graph above refer to the last 12 months (TTM)
ESS Tech’s sales and profits miss expectations
Sales missed analysts’ estimates by 90%. Earnings per share (EPS) also missed analysts’ estimates by 17%.
An average sales growth of 48% per annum is expected for the next three years. In the US electrical industry, however, growth of 8.0% is forecast.
Performance of American electrical industry.
The company’s share price fell 14% compared to the previous week.
Risk analysis
Find out about the 4 warning signs we discovered it at ESS Tech.
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