Compared to Estimates, Plug Power (PLUG) Q1 Earnings: A Look at Key Metrics
PLUGPlug Power(PLUG) Zacks Investment Research·2024-05-09 22:36

Plug Power (PLUG) reported 120.26millioninrevenueforthequarterendedMarch2024,representingayear−over−yeardeclineof42.8120.26 million in revenue for the quarter ended March 2024, representing a year- over-year decline of 42.8%. EPS of -0.43 for the same period compares to -0.35ayearago.Thereportedrevenuerepresentsasurpriseof−26.180.35 a year ago. The reported revenue represents a surprise of -26.18% over the Zacks Consensus Estimate of 162.92 million. With the consensus EPS estimate being -$0.32, the EPS surprise was -34.38%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wa ...