Long - duration energy storage (LDES)

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Eos Energy Enterprises (EOSE) Moves 19.7% Higher: Will This Strength Last?
ZACKS· 2025-04-16 11:41
Company Overview - Eos Energy Enterprises, Inc. (EOSE) shares increased by 19.7% to close at $5.05, supported by high trading volume compared to normal sessions [1] - The stock has shown a 1.4% gain over the past four weeks [1] Recent Developments - Eos Energy signed a memorandum of understanding with Frontier Power Ltd., a UK-based developer of innovative energy solutions, for a five GWh energy storage framework, marking Eos' entry into the U.K. market [2] - Frontier plans to utilize Eos' Znyth battery technology in bids for Ofgem's new long-duration energy storage (LDES) cap and floor scheme [3] - The partnership aims to expand globally, potentially leading to local manufacturing development in the U.K. if significant LDES project volumes are achieved [3] Financial Expectations - Eos Energy is expected to report a quarterly loss of $0.19 per share, reflecting a year-over-year change of +17.4% [4] - Revenue expectations are set at $8.55 million, which is a 29.5% increase from the previous year [4] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that stock price movements may be limited without earnings estimate revisions [5] Industry Context - Eos Energy operates within the Zacks Industrial Services industry, where another company, Hudson Technologies (HDSN), experienced a 2.1% decline in its last trading session [5] - Hudson Technologies has a consensus EPS estimate of $0.01, representing a significant decline of -95% from the previous year [6]