Will Energy Vault Holdings, Inc. (NRGV) Report Negative Earnings Next Week? What You Should Know

Core Insights - Wall Street anticipates a year-over-year increase in earnings for Energy Vault Holdings, Inc. (NRGV) due to higher revenues, with actual results being crucial for stock price movement [1][2] - The earnings report is set to be released on November 10, and better-than-expected results could lead to a stock price increase, while disappointing results may cause a decline [2] Earnings Estimates - The consensus estimate predicts a quarterly loss of $0.03 per share, reflecting an 83.3% year-over-year improvement [3] - Expected revenues are projected at $33.4 million, representing a significant increase of 2683.3% compared to the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has remained unchanged over the past 30 days, indicating stability in analyst expectations [4] - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [12] Earnings Surprise Prediction - A positive Earnings ESP is generally a strong indicator of an earnings beat, especially when combined with a favorable Zacks Rank [10] - Energy Vault currently holds a Zacks Rank of 4, complicating predictions for an earnings beat [12] Historical Performance - In the last reported quarter, Energy Vault was expected to post a loss of $0.07 per share but instead reported a loss of $0.22, resulting in a surprise of -214.29% [13] - Over the past four quarters, the company has only surpassed consensus EPS estimates once [14] Industry Comparison - Talen Energy Corporation (TLN), another player in the alternative energy sector, is expected to report an EPS of $3.84, indicating a year-over-year change of +134.2% [18] - Talen's revenues are projected at $701.64 million, up 7.9% from the previous year, but its EPS estimate has been revised down by 34.8% in the last 30 days, resulting in an Earnings ESP of -4.80% [19][20]