Ess Tech Inc Gwh Expected To Beat Earnings Estimates What To Know Ahead Of Q2 Release

GWH Anticipates Earnings Increase on Higher Revenues

Earnings Call and Analyst Predictions

GWH (NYSE: GWH) is forecasted to announce impressive financial results for the quarter, with projections indicating a year-over-year surge in earnings driven by increased revenues. The company's earnings call is scheduled for August 14, 2024, at 5:00 PM ET, where Head of IR Erik Bylin will provide detailed insights into the results.

WEB ESS Tech Earnings Expectations

Meanwhile, WEB ESS Tech (NASDAQ: WEB) is also set to disclose its earnings for Q2 on August 14. Six analysts anticipate losses of $0.102 per share, a slight improvement over the previous quarter's loss of $0.150 per share.

Recent Earnings Performance

In the quarter ended June 2024, GWH reported earnings and revenue surprises, beating estimates by -9.09% and 8.926%, respectively.

Conclusion

GWH's anticipated earnings growth is a positive sign for investors, indicating the company's strong financial performance. Analysts will closely monitor WEB ESS Tech's earnings release to assess the company's progress and future prospects.