• Nuscale Power Corp SMR.N reported a quarterly adjusted loss of 31 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -77 cents. The mean expectation of twelve analysts for the quarter was for a loss of 12 cents per share. Wall Street expected results to range from -23 cents to -4 cents per share.

• Revenue fell 94.7% to $1.81 million from a year ago; analysts expected $8.57 million.

• Nuscale Power Corp's reported EPS for the quarter was a loss of 31 cents​.

• The company reported a quarterly loss of $50.83 million.

• Nuscale Power Corp shares had fallen by 7.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 11.3% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."

• Wall Street's median 12-month price target for Nuscale Power Corp is $24.00, about 44.5% above its last closing price of $13.33

This summary was machine generated from LSEG data February 27 at 03:38 a.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)