Dragonfly Energy Holdings Corp reports results for the quarter ended December 31 - Earnings Summary

• Dragonfly Energy Holdings Corp DFLI.OQ reported a quarterly adjusted loss of 81 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -99 cents. The mean expectation of three analysts for the quarter was for a loss of $1.32 per share. Wall Street expected results to range from $-1.35 to $-1.26 per share.

• Revenue rose 17% to $12.21 million from a year ago; analysts expected $15.30 million.

• Dragonfly Energy Holdings Corp's reported EPS for the quarter was a loss of $1.39​.

• The company reported a quarterly loss of $9.84 million.

• Dragonfly Energy Holdings Corp shares had fallen by 50.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Dragonfly Energy Holdings Corp is $11.25

This summary was machine generated from LSEG data March 24 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)