Plug Power Inc expected to post a loss of 23 cents a share - Earnings Preview

Plug Power

28/02/2025 13:46

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.

‚ÄčLSEG'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. ‚Äč

Wall Street's median 12-month price target for Plug Power Inc is $2.50‚Äč, above‚Äč its last closing price of $1.63. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
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‚Äč
Dec. 31 2023
-0.43
-0.44
-1.08
Missed
-146.7
‚Äč‚ÄčSep. 30 2023
-0.31
-0.31
-0.45
Missed
-47.3
Jun. 30 2023
-0.27
-0.27
-0.40
Missed
-50.9‚Äč
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)