Plug Power (PLUG) Reports Q2 Earnings: What Key Metrics Have to Say
PLUGPlug Power(PLUG) ZACKS·2024-08-08 22:35

Plug Power (PLUG) reported 143.35millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof44.9143.35 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 44.9%. EPS of -0.36 for the same period compares to -0.35ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.35 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 180.23 million, representing a surprise of -20.46%. The company delivered an EPS surprise of -20.00%, with the consensus EPS estimate being -$0.30.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...