Recap: Bloom Energy Q1 Earnings

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Bloom Energy BE reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:02 PM.

Here's what investors need to know about the announcement.

Earnings

Bloom Energy missed estimated earnings by 15.79%, reporting an EPS of $-0.22 versus an estimate of $-0.19.

Revenue was up $74.15 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.15 which was followed by a 1.73% increase in the share price the next day.

Here's a look at Bloom Energy's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.12 -0.06 -0.17 -0.10
EPS Actual 0.27 -0.20 -0.20 -0.32
Revenue Estimate 397.85M 277.20M 229.38M 216.48M
Revenue Actual 462.58M 292.27M 243.24M 201.04M

To track all earnings releases for Bloom Energy visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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