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Eos Energy Enterprises (EOSE) Surges 10.8%: Is This an Indication of Further Gains?

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Eos Energy Enterprises, Inc. (EOSE - Free Report) shares rallied 10.8% in the last trading session to close at $5.87. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.7% gain over the past four weeks.

Eos Energy Enterprises’ shares increased since it announced that it will report its second quarter 2025 results on July 31.

In the first quarter of 2025, the company posted record quarterly revenues of $10 million, up 58% year-over-year. The upside was driven by increased customer deliveries. Even though the company posted an adjusted EBITDA loss of $43.2 million in the first quarter, it marked a 145-point margin improvement driven by increased customer deliveries at lower product costs. 

This company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of +46.7%. Revenues are expected to be $23.46 million, up 2506.9% from the year-ago quarter.

While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

For Eos Energy Enterprises, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on EOSE going forward to see if this recent jump can turn into more strength down the road.

 

The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Eos Energy Enterprises is part of the Zacks Industrial Services industry. LegalZoom (LZ - Free Report) , another stock in the same industry, closed the last trading session 0.1% higher at $8.85. LZ has returned 3.4% in the past month.

For LegalZoom, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.15. This represents a change of +50% from what the company reported a year ago. LegalZoom currently has a Zacks Rank of #2 (Buy).


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