Bloom Energy Corp reports results for the quarter ended June 30 - Earnings Summary
Bloom Energy Corp reports results for the quarter ended June 30 - Earnings Summary
Bloom Energy Corp BE.N reported quarterly adjusted earnings of 78 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of twenty analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 33 cents to 53 cents per share.
Revenue rose 165.5% to $1.07 billion from a year ago; analysts expected $827.58 million.
Bloom Energy Corp's reported EPS for the quarter was 62 cents.
The company reported quarterly net income of $196.29 million.
Bloom Energy Corp shares had fallen by 37.8% this quarter and gained 116.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 12.5% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 14 "hold" and 1 "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 $292.50, about 43% above its last closing price of $166.84
This summary was machine generated from LSEG data July 29 at 12:05 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.41 | 0.78 | Beat |
Mar. 31 2026 | 0.13 | 0.44 | Beat |
Dec. 31 2025 | 0.31 | 0.45 | Beat |
Sep. 30 2025 | 0.09 | 0.15 | Beat |
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