Fermi Inc Earnings: Miss on EPS
Fermi Inc (FRMI) reported a significant earnings miss for the quarter ended May 14, 2026, posting an adjusted loss per share of $0.30 compared to analyst estimates of a $0.05 loss.
The company’s actual EPS of -$0.30 represented a negative surprise of 508.52%, falling well short of the consensus estimate of -$0.05 per share. This marks a substantial deviation from Wall Street expectations, with the actual loss being six times larger than anticipated.
The -$0.30 per share loss significantly exceeded the forecasted -$0.05 loss, resulting in the 508.52% negative surprise that disappointed investors and analysts tracking the stock.
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