Bloom Energy Q2 EPS $(0.17) Misses $(0.14) Estimate, Sales $301.10M Miss $311.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bloom Energy (NYSE:BE) reported Q2 losses of $(0.17) per share, missing the analyst consensus estimate of $(0.14) by 21.43%. The company also reported quarterly sales of $301.10 million, missing the analyst consensus estimate of $311.10 million by 3.21%. However, this represents a 15% increase in losses and a 23.79% increase in sales compared to the same period last year.
August 04, 2023 | 2:20 pm
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Bloom Energy's Q2 results missed analyst estimates, with higher losses and lower sales than expected. However, both losses and sales have increased compared to the same period last year.
Bloom Energy's Q2 results missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term. However, the YoY increase in losses and sales might mitigate this impact to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100