Bloom Energy (NYSE:BE) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:02 PM.
Here’s what investors need to know about the announcement.
Earnings
Bloom Energy missed estimated earnings by 15.79%, reporting an EPS of $-0.22 versus an estimate of $-0.19.
Revenue was up $74.15 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 1.73% increase in the share price the next day.
Here’s a look at Bloom Energy’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | -0.06 | -0.17 | -0.10 |
| EPS Actual | 0.27 | -0.20 | -0.20 | -0.32 |
| Revenue Estimate | 397.85M | 277.20M | 229.38M | 216.48M |
| Revenue Actual | 462.58M | 292.27M | 243.24M | 201.04M |
To track all earnings releases for Bloom Energy visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
