Earnings Preview For Plug Power
Portfolio Pulse from Benzinga Insights
Plug Power (NASDAQ:PLUG) is set to release its latest quarterly earnings report on Wednesday, 2023-08-09. Analysts estimate an earnings per share (EPS) of $-0.26. The company's past performance shows a trend of missing EPS estimates, which has often led to a drop in share price. Shares of Plug Power were trading at $11.05 as of August 07, with a 52-week drop of 63.72%.
August 08, 2023 | 2:01 pm
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Plug Power's upcoming earnings report could impact its stock price. The company has a history of missing EPS estimates, which has often resulted in a drop in share price.
The company's history of missing EPS estimates and the subsequent negative impact on its share price suggests a potential risk for investors. Given the estimated EPS of $-0.26 for the upcoming report, there is a possibility of a negative short-term impact on the stock price if the company fails to meet the estimate.
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