Plug Power Inc reports results for the quarter ended December 31 - Earnings Summary

Plug Power

04/03/2025 18:47

Plug Power Inc PLUG.OQ reported a quarterly adjusted loss of $1.65​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.08.  The mean expectation of twenty three analysts for the quarter was for a loss of 23 cents per share. Wall Street expected results to range from -29 cents to -15 cents per share.

Revenue fell 13.8% to $191.47 million from a year ago; analysts expected $263.17 million.

Plug Power Inc's reported EPS for the quarter was a loss of $1.65​.

The company reported a quarterly loss of $1.34 billion.

Plug Power Inc shares had fallen by 29.6% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.8% 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 "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 15 "hold" and 6 "sell" or "strong sell."

The average consensus recommendation for the renewable energy equipment & services peer group is also "hold"

Wall Street's median 12-month price target for Plug Power Inc is $2.50

This summary was machine generated from LSEG data March 4 at 06:47 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
-0.23
-1.65
Missed
Sep. 30 2024
-0.24
-0.25
Missed
Jun. 30 2024
-0.29
-0.36
Missed
Mar. 31 2024
-0.33
-0.46
Missed