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Market Impact: 0.35

ESS Tech, Inc. (GWH) Reports Q1 Loss, Lags Revenue Estimates

GWH
Corporate EarningsAnalyst EstimatesCompany Fundamentals

ESS Tech reported a quarterly loss of $0.54 per share, missing the Zacks consensus estimate of a $0.29 loss. The result was still an improvement from a $1.50 per-share loss a year ago, but the miss versus expectations is likely the key market takeaway.

Analysis

ESS Tech reported a quarterly loss of $0.54 per share, missing the Zacks consensus estimate of a $0.29 loss. The result was still an improvement from a $1.50 per-share loss a year ago, but the miss versus expectations is likely the key market takeaway.

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Market Sentiment

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moderately negative

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-0.45

Ticker Sentiment

GWH-0.70