Oklo Inc reports results for the quarter ended March 31 - Earnings Summary

• Oklo Inc OKLO.N reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended March 31. The mean expectation of seven analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -13 cents to -8 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Oklo Inc's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of $9.81 million.

• Oklo Inc shares had risen by 33.4% this quarter and gained 35.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.7% 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 6 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"

• Wall Street's median 12-month price target for Oklo Inc is $46.78

This summary was machine generated from LSEG data May 13 at 09:45 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)