-$0.16 Earnings Per Share Expected for Bloom Energy Corp (BE) This Quarter
Analysts expect that Bloom Energy Corp (NYSE:BE) will post ($0.16) earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Bloom Energy’s earnings, with the highest EPS estimate coming in at ($0.07) and the lowest estimate coming in at ($0.22). The firm is scheduled to report its next quarterly earnings results on Monday, February 4th.
On average, analysts expect that Bloom Energy will report full-year earnings of ($0.71) per share for the current fiscal year, with EPS estimates ranging from ($0.99) to ($0.56). For the next financial year, analysts expect that the company will post earnings of ($0.22) per share, with EPS estimates ranging from ($1.08) to $0.17. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Bloom Energy.
Bloom Energy (NYSE:BE) last issued its quarterly earnings results on Monday, November 5th. The company reported ($1.05) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.56) by ($0.49). The business had revenue of $190.20 million for the quarter, compared to the consensus estimate of $185.05 million. Bloom Energy’s quarterly revenue was up 102.8% compared to the same quarter last year.
NYSE BE traded up $1.36 on Friday, reaching $19.45. The company’s stock had a trading volume of 929,311 shares, compared to its average volume of 535,157. Bloom Energy has a twelve month low of $17.11 and a twelve month high of $38.00.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Eagle Asset Management Inc. acquired a new stake in Bloom Energy during the 3rd quarter worth about $24,522,000. BlackRock Inc. acquired a new stake in Bloom Energy during the 3rd quarter worth about $11,389,000. Wells Fargo & Company MN acquired a new stake in Bloom Energy during the 3rd quarter worth about $9,454,000. Napier Park Global Capital US LP acquired a new stake in Bloom Energy during the 3rd quarter worth about $8,961,000. Finally, DekaBank Deutsche Girozentrale acquired a new stake in Bloom Energy during the 3rd quarter worth about $3,809,000. Hedge funds and other institutional investors own 0.08% of the company’s stock.
About Bloom Energy
Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems. It offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. The company was formerly known as Ion America Corp.
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