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NuScale Power (SMR)
NYSE:SMR
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.14Last Year’s EPS
-0.21Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: -5.05%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant financial growth, advancements in manufacturing and strategic positioning within the SMR market. However, the company faces challenges with a notable net loss and complexities in finalizing agreements with potential customers. Overall, the positive developments and growth initiatives outweigh the challenges reported.Company Guidance
During NuScale's fourth quarter and full year 2024 earnings call, the company provided substantial guidance on their progress and financial performance. NuScale reported a significant cash position increase to $446.7 million, up from $125.4 million at the end of 2023, bolstered by warrant conversions generating $205.3 million in Q4. The company achieved revenue of $34.2 million for Q4, primarily from RoPower's SMR power plant project in Romania, marking a substantial increase compared to $4.6 million in the prior year. Despite a net loss of $180.3 million due to a $170 million non-cash expense from warrant fair value, operating expenses decreased by $28.8 million year-over-year to $43 million, reflecting efforts to streamline operations. NuScale is advancing its SMR technology, including a review to increase output to 77 megawatt electric from the NRC-licensed 50 megawatt electric, with a completion target of mid-2025. The company also emphasized its strategic partnerships and supply chain advancements, with 12 SMR modules in production, highlighting its readiness to meet growing clean energy demand, including from data centers expected to triple their energy use by 2028.Significant Financial Growth
NuScale's cash position grew substantially, ending the fourth quarter with cash, cash equivalents, and short-term investments of $446.7 million compared to $125.4 million at the end of 2023.
Advancement in Manufacturing and Production
NuScale, in collaboration with Doosan Interability, has advanced the first six NuScale power modules and placed long lead material orders for an additional six, totaling 12 modules in production.
Strategic Positioning in the SMR Market
NuScale remains the sole near-term deployable SMR with Design Certification from the NRC, positioning it ahead of other SMR projects in terms of regulatory approval and readiness for commercial deployment.
Revenue Growth and Cost Efficiency
Q4 2024 revenue was $34.2 million, a significant increase from $4.6 million in the same period the previous year. Operating expenses were reduced from $71.8 million to $43 million, reflecting management's efforts to operate more efficiently.
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SMR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SMR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 03, 2025 | $15.45 | $17.23 | +11.52% |
| Nov 07, 2024 | $21.67 | $24.49 | +13.01% |
| Aug 08, 2024 | $8.59 | $9.27 | +7.92% |
| May 09, 2024 | $5.86 | $6.28 | +7.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NuScale Power (SMR) report earnings?
NuScale Power (SMR) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is NuScale Power (SMR) earnings time?
NuScale Power (SMR) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SMR EPS forecast?
SMR EPS forecast for the fiscal quarter 2025 (Q1) is -0.14.
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