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Solid Power (SLDP)
NASDAQ:SLDP
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Earnings Data
Report Date
Mar 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.13Last Year’s EPS
-0.11Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 10, 2022
|% Change Since: 40.68%
|Next Earnings Date:Mar 22, 2022
Earnings Call Sentiment|Neutral
The call highlighted several positive developments such as the selection for a DOE grant, strong liquidity, and global expansion efforts. However, these were tempered by significant financial losses and increased expenses. Overall, the sentiment is cautiously optimistic.Company Guidance
During the Solid Power Q3 2024 earnings call, the company provided guidance on several metrics. Solid Power reported $4.7 million in revenue for the quarter, primarily from SK On agreements and government contracts, while operating expenses reached $32.2 million due to increased production and development costs. The company experienced an operating loss of $27.6 million and a net loss of $22.4 million, equating to $0.13 per share. Capital expenditures amounted to $2.7 million, focused on enhancing electrolyte production capabilities. With $348.1 million in total liquidity as of September 30, 2024, Solid Power reiterated its guidance for 2024, highlighting anticipated progress payments of $14.9 million collected from SK On milestones. Additionally, Solid Power aims to leverage a $50 million Department of Energy grant for a $110 million project to establish continuous production of sulfide-based solid electrolyte materials, projecting an increase in production capability to 140 metric tons per year by 2028.DOE Grant Selection
Solid Power was selected to negotiate a $50 million grant from the U.S. Department of Energy for a project focused on continuous production of sulfide-based solid electrolyte materials for advanced all solid-state batteries (ASSBs). This selection is seen as a validation of their technology and business model.
Electrolyte Innovation Center (EIC) Development
Development activities began in the state-of-the-art Electrolyte Innovation Center, designed to enhance R&D capabilities and improve pre-pilot electrolyte manufacturing processes.
Strong Liquidity Position
Solid Power maintains a strong liquidity position with $348.1 million in total liquidity as of September 30, 2024.
SK On Milestones Achieved
Solid Power met all required milestones for the year with SK On and received $14.9 million in progress payments.
Global Expansion with BMW and SK On
Solid Power's technology development is expanding globally with collaborations with BMW in Europe and SK On in Asia.
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SLDP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SLDP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $1.18 | $1.16 | -1.69% |
| Aug 06, 2024 | $1.58 | $1.28 | -18.99% |
| May 07, 2024 | $1.79 | $1.74 | -2.79% |
| Feb 27, 2024 | $1.73 | $1.67 | -3.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Solid Power (SLDP) report earnings?
Solid Power (SLDP) is schdueled to report earning on Mar 04, 2025, TBA Not Confirmed.
What is Solid Power (SLDP) earnings time?
Solid Power (SLDP) earnings time is at Mar 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SLDP EPS forecast?
SLDP EPS forecast for the fiscal quarter 2024 (Q4) is -0.13.
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