Bloom Energy Q4 2023 Adj EPS $0.07 Misses $0.11 Estimate, Sales $356.92M Miss $476.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bloom Energy reported Q4 2023 adjusted EPS of $0.07, missing the $0.11 estimate, and sales of $356.92M, missing the $476.28M estimate. This represents a 22.84% decrease in sales compared to the same period last year.
February 15, 2024 | 9:05 pm
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NEGATIVE IMPACT
Bloom Energy's Q4 2023 earnings and sales missed estimates, with a significant year-over-year decrease in sales.
Missing both earnings and sales estimates significantly, especially with a notable decrease in sales compared to the previous year, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100