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Bloom Energy Corp reports results for the quarter ended June 30 - Earnings Summary

Bloom Energy Corp BE.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -6 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of one cent per share. Wall Street expected results to range from -10 cents to 6 cents per share.

Revenue rose 19.5% to $401.24 million from a year ago; analysts expected $376.52 million.

Bloom Energy Corp's reported EPS for the quarter was a loss of 18 cents​.

The company reported a quarterly loss of $42.62 million.

Bloom Energy Corp shares had risen by 57.3% this quarter and gained 69.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 11.9% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the heavy electrical equipment peer group is also "buy"

Wall Street's median 12-month price target for Bloom Energy Corp is $27.00, about 38.5% below its last closing price of $37.39

This summary was machine generated from LSEG data July 31 at 09:37 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.010.10Beat
Mar. 31 2025-0.070.03Beat
Dec. 31 20240.300.43Beat
Sep. 30 20240.08-0.01Missed

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