Recap: Bloom Energy Q3 Earnings

Bloom Energy (NYSE:BE) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM. Here’s what…

Bloom Energy (NYSE:BE) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Bloom Energy beat estimated earnings by 475.0%, reporting an EPS of $0.15 versus an estimate of $-0.04.

Revenue was up $107.99 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 4.16% drop in the share price the next day.

Here’s a look at Bloom Energy’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.14 -0.19 0.12 -0.06
EPS Actual -0.17 -0.22 0.27 -0.20
Revenue Estimate 311.10M 260.40M 397.85M 277.20M
Revenue Actual 301.10M 275.19M 462.58M 292.27M

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.

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