Bloom Energy Q3 Adj $0.15 Beats $(0.04) Estimate, Sales $400.27M Beat $369.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bloom Energy reported Q3 earnings of $0.15 per share, beating the analyst consensus estimate of $(0.04) by 475 percent. This is a 175 percent increase over losses of $(0.20) per share from the same period last year. The company also reported quarterly sales of $400.27 million, beating the analyst consensus estimate of $369.60 million by 8.30 percent, a 36.95 percent increase over sales of $292.27 million the same period last year.
November 08, 2023 | 9:14 pm
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Bloom Energy reported strong Q3 earnings and sales, significantly beating analyst estimates. This indicates a positive financial performance and could lead to a short-term increase in stock price.
Bloom Energy's Q3 earnings and sales significantly exceeded analyst estimates, indicating a strong financial performance. This positive news is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100