Plug Power Inc <PLUG.OQ> expected to post a loss of 23 cents a share - Earnings Preview
Plug Power Inc PLUG.OQ PLUG.O is expected to show a rise in quarterly revenue when it reports results on March 4 for the period ending December 31 2024
The Slingerlands New York-based company is expected to report a 18.5% increase in revenue to $263.169 million from $222.16 million a year ago, according to the mean estimate from 21 analysts, based on LSEG data.
LSEG's mean analyst estimate for Plug Power Inc is for a loss of 23 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 15 "hold" and 6 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Plug Power Inc is $2.50, above its last closing price of $1.63.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.25 | -0.24 | -0.25 | Missed | -3.3 |
Jun. 30 2024 | -0.29 | -0.29 | -0.36 | Missed | -23 |
Mar. 31 2024 | -0.33 | -0.33 | -0.46 | Missed | -39.2 |
Dec. 31 2023 | -0.43 | -0.44 | -1.08 | Missed | -146.7 |
Sep. 30 2023 | -0.31 | -0.31 | -0.45 | Missed | -47.3 |
Jun. 30 2023 | -0.27 | -0.27 | -0.40 | Missed | -50.9 |
Mar. 31 2023 | -0.26 | -0.26 | -0.35 | Missed | -36.4 |
Dec. 31 2022 | -0.26 | -0.25 | -0.38 | Missed | -50.2 |
This summary was machine generated February 28 at 13:46 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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