Dragonfly Energy (DFLI) Expected to Announce Earnings on Monday

Dragonfly Energy (NASDAQ:DFLI) will likely be releasing its earnings data before the market opens on Monday, April 21st. Analysts expect Dragonfly Energy to post earnings of ($1.35) per share for the quarter. Dragonfly Energy has set its Q1 2025 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Dragonfly Energy (NASDAQ:DFLI) last issued its quarterly earnings data on Monday, March 24th. The company reported ($1.01) EPS for the quarter, beating the consensus estimate of ($1.35) by $0.34. Dragonfly Energy had a negative return on equity of 251.32% and a negative net margin of 56.80%. The company had revenue of $12.21 million for the quarter, compared to analyst estimates of $13.71 million. On average, analysts expect Dragonfly Energy to post $-6 EPS for the current fiscal year and $-5 EPS for the next fiscal year.

Dragonfly Energy Stock Up 0.8 %

DFLI opened at $0.63 on Friday. Dragonfly Energy has a twelve month low of $0.60 and a twelve month high of $13.14. The company has a 50-day moving average price of $1.30 and a 200 day moving average price of $2.86. The company has a quick ratio of 0.31, a current ratio of 0.80 and a debt-to-equity ratio of 0.01. The company has a market cap of $4.74 million, a PE ratio of -0.15 and a beta of -0.45.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DFLI. Alliance Global Partners cut Dragonfly Energy from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $9.00 to $1.50 in a research note on Tuesday, March 25th. Industrial Alliance Securities set a $1.50 price objective on shares of Dragonfly Energy in a research report on Tuesday, March 25th.

Dragonfly Energy Company Profile

Dragonfly Energy Holdings Corp. engages in the manufacturing and sale of deep cycle lithium-ion batteries for recreational vehicles, marine vessels, solar and off-grid residence industries, and industrial and energy storage markets. The company provides lithium power systems comprising solar panels, chargers and inverters, system monitoring, alternator regulators, accessories, and others.