We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Exploring Analyst Estimates for Plug Power (PLUG) Q4 Earnings, Beyond Revenue and EPS
Read MoreHide Full Article
In its upcoming report, Plug Power (PLUG - Free Report) is predicted by Wall Street analysts to post quarterly loss of $0.23 per share, reflecting an increase of 78.5% compared to the same period last year. Revenues are forecasted to be $260.18 million, representing a year-over-year increase of 17.1%.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Plug Power metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Net revenue- Sales of equipment, related infrastructure and other' should arrive at $197.61 million. The estimate indicates a change of +17.7% from the prior-year quarter.
Analysts predict that the 'Net revenue- Services performed on fuel cell systems and related infrastructure' will reach $14.92 million. The estimate suggests a change of +24.3% year over year.
It is projected by analysts that the 'Net revenue- Power purchase agreements' will reach $19.23 million. The estimate suggests a change of -1.9% year over year.
The consensus estimate for 'Net revenue- Fuel delivered to customers and related equipment' stands at $31.50 million. The estimate suggests a change of +67.1% year over year.
The collective assessment of analysts points to an estimated 'Net revenue- Other' of $2.78 million. The estimate indicates a change of -26.4% from the prior-year quarter.
Shares of Plug Power have experienced a change of -19.9% in the past month compared to the -2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), PLUG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Exploring Analyst Estimates for Plug Power (PLUG) Q4 Earnings, Beyond Revenue and EPS
In its upcoming report, Plug Power (PLUG - Free Report) is predicted by Wall Street analysts to post quarterly loss of $0.23 per share, reflecting an increase of 78.5% compared to the same period last year. Revenues are forecasted to be $260.18 million, representing a year-over-year increase of 17.1%.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
That said, let's delve into the average estimates of some Plug Power metrics that Wall Street analysts commonly model and monitor.
Based on the collective assessment of analysts, 'Net revenue- Sales of equipment, related infrastructure and other' should arrive at $197.61 million. The estimate indicates a change of +17.7% from the prior-year quarter.
Analysts predict that the 'Net revenue- Services performed on fuel cell systems and related infrastructure' will reach $14.92 million. The estimate suggests a change of +24.3% year over year.
It is projected by analysts that the 'Net revenue- Power purchase agreements' will reach $19.23 million. The estimate suggests a change of -1.9% year over year.
The consensus estimate for 'Net revenue- Fuel delivered to customers and related equipment' stands at $31.50 million. The estimate suggests a change of +67.1% year over year.
The collective assessment of analysts points to an estimated 'Net revenue- Other' of $2.78 million. The estimate indicates a change of -26.4% from the prior-year quarter.
View all Key Company Metrics for Plug Power here>>>
Shares of Plug Power have experienced a change of -19.9% in the past month compared to the -2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), PLUG is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>