Energy Vault Holdings: Q4 Earnings Insights

Energy Vault Holdings NRGV reported its Q4 earnings results on Tuesday, March 12, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Energy Vault Holdings missed estimated earnings by -36.0%, reporting an EPS of $-0.15 versus an estimate of $-0.11.

Revenue was up $17.91 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 28.000000000000004% increase in the share price the next day.

Here's a look at Energy Vault Holdings's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.15 -0.20 -0.23 -0.15
EPS Actual -0.13 -0.18 -0.22 -0.17
Revenue Estimate 118.56M 55.30M 21.43M 72.47M
Revenue Actual 172.21M 39.68M 11.42M 100.32M

To track all earnings releases for Energy Vault Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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