Plug Power (PLUG) Reports Q3 Loss, Misses Revenue Estimates
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Plug Power (PLUG) reported a Q3 loss of $0.25 per share, missing the Zacks Consensus Estimate of a $0.24 loss. This is an improvement from the $0.47 loss per share a year ago.
November 12, 2024 | 2:30 pm
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Plug Power reported a Q3 loss of $0.25 per share, missing the consensus estimate of $0.24. Despite missing estimates, the loss is an improvement from last year's $0.47 per share.
Plug Power's Q3 earnings report shows a loss of $0.25 per share, which is worse than the expected $0.24 loss. This miss on earnings estimates is likely to negatively impact the stock price in the short term. However, the improvement from last year's $0.47 loss per share may provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100