• SES AI Corp SES.N reported a quarterly adjusted loss of 7 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -6 cents. The mean expectation of two analysts for the quarter was for a loss of 4 cents per share.

• Revenue was $3.53 million​; analysts expected $4.33 million.

• SES AI Corp's reported EPS for the quarter was a loss of 7 cents​.

• The company reported a quarterly loss of $22.65 million.

• SES AI Corp shares had risen by 36.2% this quarter and lost 44.7% so far this year.

FORECAST CHANGES

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is "buy."

• Wall Street's median 12-month price target for SES AI Corp is $1.50, about 8.7% above its last closing price of $1.37

This summary was machine generated from LSEG data August 4 at 09:50 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)