Recap: Bloom Energy Q4 Earnings

Bloom Energy (NYSE:BE) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM. Here’s what…

Bloom Energy (NYSE:BE) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM.

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

Earnings

Bloom Energy missed estimated earnings by 36.36%, reporting an EPS of $0.07 versus an estimate of $0.11.

Revenue was down $105.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.19 which was followed by a 8.37% increase in the share price the next day.

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

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.04 -0.14 -0.19 0.12
EPS Actual 0.15 -0.17 -0.22 0.27
Revenue Estimate 369.60M 311.10M 260.40M 397.85M
Revenue Actual 400.27M 301.10M 275.19M 462.58M

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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