Capital Com MENA Securities Trading LLC is regulated by the Capital Market Authority.
Open platformOpen platform

Oklo reports Q3 loss per share of $0.22

By Reuters News


Overview

  • Advanced nuclear technology company reported Q3 loss per share of $0.22

  • Company continues development of fast fission power plants and advanced fuel recycling

  • Company highlights progress on commercial advanced fission plant and regulatory milestones


Outlook

  • Company did not provide specific financial guidance for the current or future quarters in the press release


Result Drivers

  • TECHNOLOGY DEVELOPMENT - Co said continued development of fast fission power plants and advanced fuel recycling drove Q3 activity

  • REGULATORY MILESTONES - Co cited progress on site use permit, fuel award and license application as drivers in Q3


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Loss Per Share

$0.22


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 10 "hold" and 1 "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 Oklo Inc. is $60.00, about 212.5% above its November 5 closing price of $19.20


Reuters Recommended Reads

  • Nov 5 - RENK Group 9M order intake jumps on defense segment demand

  • Nov 5 - National Grid H1 capital investment hits record on UK transmission projects

  • Nov 6 - Brookfield Infrastructure Q3 FFO rises 10% on data growth


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.