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Plug Power(PLUG) - 2024 Q3 - Quarterly Report
2024-11-13 05:05
Table of Contents Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered Common Stock, par value $.01 per share PLUG The NASDAQ Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITIO ...
Plug Power(PLUG) - 2024 Q3 - Earnings Call Transcript
2024-11-13 02:28
Plug Power Inc. (NASDAQ:PLUG) Q3 2024 Earnings Call Transcript November 12, 2024 8:30 AM ET Company Participants Meryl Fritz - Marketing and Communications Manager Andy Marsh - CEO Paul Middleton - CFO Sanjay Shrestha - GM, Energy Solutions & CSO Conference Call Participants Colin Rusch - Oppenheimer Saumya Jain - UBS George Gianarikas - Canaccord Genuity Eric Stine - Craig-Hallum Bill Peterson - JPMorgan Craig Irwin - Roth Capital Partners Dushyant Ailani - Jefferies Chris Senyek - Wolfe Research Amit Daya ...
Plug Power(PLUG) - 2024 Q3 - Quarterly Results
2024-11-12 20:12
Exhibit 99.1 Plug Power Announces Key Strategic Milestones and Continued Margin Improvement in Third Quarter 2024 SLINGERLANDS, N.Y., November 12, 2024 — Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced further progress on its strategic and operational initiatives and path to profitability in the third quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its ...
Plug Power Announces Key Strategic Milestones and Continued Margin Improvement in Third Quarter 2024
GlobeNewswire News Room· 2024-11-12 20:00
SLINGERLANDS, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced further progress on its strategic and operational initiatives and path to profitability in the third quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its market and financial position in the industry. Financial Highlights Q3 Financial Performance: Plug ...
PLUG Gears Up to Post Q3 Earnings: What Lies Ahead for the Stock?
ZACKS· 2024-11-12 00:56
Plug Power Inc. (PLUG) is scheduled to release third-quarter 2024 results on Nov. 12, before market open.The company has a bleak earnings surprise history, having missed the Zacks Consensus Estimate in each of the preceding four quarters. The negative earnings surprise was 48.1%, on average.Let’s see how things have shaped up for Plug Power this earnings season.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Factors to Note Ahead of PLUG’s ResultsWeak demand for the company’s GenDri ...
What Analyst Projections for Key Metrics Reveal About Plug Power (PLUG) Q3 Earnings
ZACKS· 2024-11-07 23:21
In its upcoming report, Plug Power (PLUG) is predicted by Wall Street analysts to post quarterly loss of $0.24 per share, reflecting an increase of 48.9% compared to the same period last year. Revenues are forecasted to be $209.85 million, representing a year-over-year increase of 5.6%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during t ...
Here's Why Plug Power (PLUG) Gained But Lagged the Market Today
ZACKS· 2024-11-06 07:51
文章核心观点 - Plug Power公司的股票在最新交易中收于2.52美元,较前一交易日上涨0.4% [1] - Plug Power公司的股票在过去一个月内上涨了11.56%,超过了工业品板块下跌0.89%和标普500指数下跌0.54%的表现 [1] - 分析师预计Plug Power公司将于2024年11月12日公布其财报,预计每股收益为-0.25美元,同比增长46.81%;预计收入为2.108亿美元,同比增长6.08% [2] - 全年来看,分析师预计Plug Power公司的每股收益为-1.15美元,同比增长50%;收入为8.1551亿美元,同比下降8.51% [3] 行业分析 - Plug Power公司所属的制造-电子行业目前在所有行业中排名靠后,位于底部三分之一 [6] - 研究显示,排名靠前的行业的表现通常是排名靠后行业的两倍 [6] 投资建议 - 投资者可以关注Plug Power公司的业绩表现和分析师预测的变化,这些变化往往反映了短期业务模式的变化 [3][4] - 投资者可以利用Zacks评级系统,该系统考虑了这些预测变化,提供了简单易用的评级 [4][5] - 目前Plug Power公司的Zacks评级为3级(持有) [5]
Plug Power (PLUG) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
ZACKS· 2024-11-06 00:05
Plug Power (PLUG) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on November ...
Plug Power's $20 Billion Revenue Ambition Faces Obstacles, Analyst Says
Benzinga· 2024-11-05 21:31
文章核心观点 - Plug Power公司对绿色氢动力未来有远大梦想但可能面临阻碍投资者需谨慎对待 [1] Plug Power公司目标相关 - Plug Power公司目标高远预计2024下半年营收翻倍 [2] - 公司要达到目标需销售大幅加速尤其在物料搬运部门且电解设备营收要可靠增长但美国氢市场疲软45V税收抵免存疑本季度结果可能低于预期难以达到营收增长目标 [3] - 公司可能在即将到来的研讨会上展示2030年达到200亿美元营收的愿景但面临实际限制 [5] 短期情况相关 - Plug Power短期前景有波动部分受政治不确定性影响公司可能重申业绩指引但分析师认为难以达成且2024年市场有风险 [6] - 尽管公司股票28%的空头权益反映市场谨慎但明确政策信号或意外的能源部贷款关闭仍可能引发兴趣不过公司目前面临执行利润率改善和现金流管理取得实质进展的压力才能吸引长期投资者 [7] 分析师态度相关 - 摩根大通分析师对Plug Power持中性态度平衡短期不利因素和氢能源立足后的长期潜力 [8]
Why Plug Power Stock Charged Higher Today
The Motley Fool· 2024-11-05 02:07
Investors think Plug Power's electrolyzers might have a growing new market.Plug Power (PLUG 17.70%) shares jumped today, and investors see a path for more gains to come. That's not because of any news directly from the hydrogen power company. Rather, it's what investors see as a potentially very lucrative new market for Plug Power.Shares were 19.9% higher as of 12:40 p.m. ET Monday after reports that the Federal Energy Regulatory Commission (FERC) rejected a request to increase the amount of power from a nu ...