SES AI (SES) to Release Quarterly Earnings on Thursday

SES AI (NYSE:SES) is expected to be announcing its earnings results after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $2.00 million for the quarter. SES AI has set its FY 2025 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.

SES AI (NYSE:SES) last released its quarterly earnings results on Tuesday, February 25th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.04). The company had revenue of $2.04 million during the quarter. On average, analysts expect SES AI to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

SES AI Price Performance

Shares of SES stock opened at $0.64 on Thursday. The company has a market cap of $233.60 million, a PE ratio of -2.79 and a beta of 0.56. SES AI has a 1 year low of $0.20 and a 1 year high of $2.53. The stock’s 50 day simple moving average is $0.67 and its two-hundred day simple moving average is $0.74.

Insider Activity at SES AI

In other news, CFO Jing Nealis sold 80,992 shares of the company’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1.17, for a total transaction of $94,760.64. Following the transaction, the chief financial officer now owns 1,841,637 shares of the company’s stock, valued at approximately $2,154,715.29. This represents a 4.21 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Qichao Hu sold 194,459 shares of the firm’s stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $1.17, for a total value of $227,517.03. Following the sale, the chief executive officer now directly owns 2,781,769 shares of the company’s stock, valued at $3,254,669.73. This represents a 6.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 347,471 shares of company stock worth $406,541. Company insiders own 15.07% of the company’s stock.

SES AI Company Profile

SES AI Corporation engages in the development and production of high-performance Lithium-metal rechargeable batteries for electric vehicles, electric vehicle take-off and landing, and other applications. The company was founded in 2012 and is headquartered in Woburn, Massachusetts.