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.