Eos Energy Enterprises (EOSE) Projected to Post Earnings on Tuesday

Eos Energy Enterprises (NASDAQ:EOSE) is anticipated to issue its quarterly earnings data after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $6.54 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Eos Energy Enterprises Price Performance

EOSE stock opened at $4.26 on Tuesday. The stock has a market capitalization of $928.30 million, a price-to-earnings ratio of -1.77 and a beta of 2.10. Eos Energy Enterprises has a fifty-two week low of $0.61 and a fifty-two week high of $6.64. The business’s fifty day moving average price is $5.19 and its two-hundred day moving average price is $3.59.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EOSE shares. Roth Capital lowered Eos Energy Enterprises from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 20th. Roth Mkm cut Eos Energy Enterprises from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $4.00 to $5.00 in a report on Thursday, February 20th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $4.10.

Eos Energy Enterprises Company Profile

Eos Energy Enterprises, Inc designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.