• Nuscale Power Corp SMR.N reported a quarterly adjusted loss of 14 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -11 cents. The mean expectation of nine analysts for the quarter was for a loss of 13 cents per share. Wall Street expected results to range from -19 cents to -8 cents per share.

• Revenue fell 95.8% to $565.00 thousand from a year ago; analysts expected $14.67 million.

• Nuscale Power Corp's reported EPS for the quarter was a loss of 14 cents​.

• The company reported a quarterly loss of $44.02 million.

• Nuscale Power Corp shares had risen by 24.7% this quarter and lost 4.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 8 "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 $19.00, about 33.8% above its last closing price of $12.58

This summary was machine generated from LSEG data May 8 at 01:36 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)