Oklo Inc reports results for the quarter ended June 30 - Earnings Summary

• Oklo Inc OKLO.N reported a quarterly adjusted loss of 18 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -29 cents. The mean expectation of nine analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -14 cents to -5 cents per share.

• Reported revenue was zero​; analysts expected zero.

• Oklo Inc's reported EPS for the quarter was a loss of 18 cents​.

• The company reported a quarterly loss of $24.69 million.

• Oklo Inc shares had risen by 34.5% this quarter and gained 254.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and 1 "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 $63.50, about 13.2% below its last closing price of $71.86

This summary was machine generated from LSEG data August 11 at 09:49 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)