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Energy Vault Holdings, Inc. (NRGV) Reports Q1 Loss, Lags Revenue Estimates
Energy VaultEnergy Vault(US:NRGV) ZACKSยท2025-05-12 22:30

Group 1: Earnings Performance - Energy Vault Holdings, Inc. reported a quarterly loss of $0.08 per share, better than the Zacks Consensus Estimate of a loss of $0.13, and an improvement from a loss of $0.14 per share a year ago, representing an earnings surprise of 38.46% [1] - The company posted revenues of $8.53 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 68.63%, but showing an increase from year-ago revenues of $7.76 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Energy Vault shares have declined approximately 66.5% since the beginning of the year, contrasting with the S&P 500's decline of 3.8% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is -$0.11 on revenues of $37.7 million, and -$0.41 on revenues of $206.3 million for the current fiscal year [7] Group 3: Industry Context - The Alternative Energy - Other industry, to which Energy Vault belongs, is currently ranked in the bottom 40% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Energy Vault is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6]