Dragonfly Energy (DFLI) to Release Quarterly Earnings on Tuesday

Dragonfly Energy (NASDAQ:DFLI) will post its quarterly earnings results after the market closes on Tuesday, May 14th. Analysts expect Dragonfly Energy to post earnings of ($0.16) per share for the quarter. Dragonfly Energy has set its Q1 2024 guidance at -0.170–0.130 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Dragonfly Energy (NASDAQ:DFLI) last released its quarterly earnings data on Monday, April 15th. The company reported $0.05 earnings per share (EPS) for the quarter. Dragonfly Energy had a negative net margin of 21.46% and a negative return on equity of 110.79%. The company had revenue of $10.44 million for the quarter. On average, analysts expect Dragonfly Energy to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Dragonfly Energy Stock Down 0.6 %

Shares of Dragonfly Energy stock opened at $0.97 on Tuesday. The business has a 50-day simple moving average of $0.61 and a 200 day simple moving average of $0.60. Dragonfly Energy has a one year low of $0.43 and a one year high of $5.13.

Analyst Ratings Changes

DFLI has been the topic of a number of recent research reports. Chardan Capital reiterated a “buy” rating and issued a $3.00 target price on shares of Dragonfly Energy in a report on Tuesday, April 16th. Roth Mkm reissued a “buy” rating and set a $0.90 price objective on shares of Dragonfly Energy in a report on Tuesday, April 16th. Finally, Roth Capital restated a “buy” rating on shares of Dragonfly Energy in a report on Tuesday, April 16th.

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.