Bloom Energy (NYSE:BE – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.10) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Bloom Energy (NYSE:BE – Get Free Report) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.11. Bloom Energy had a negative return on equity of 23.88% and a negative net margin of 22.66%. The business had revenue of $356.92 million for the quarter, compared to the consensus estimate of $481.90 million. On average, analysts expect Bloom Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Bloom Energy Trading Down 3.5 %
Shares of NYSE:BE opened at $11.77 on Wednesday. Bloom Energy has a 12-month low of $8.41 and a 12-month high of $18.76. The business’s fifty day simple moving average is $10.44 and its 200-day simple moving average is $11.66. The company has a market capitalization of $2.65 billion, a PE ratio of -8.12 and a beta of 2.77. The company has a current ratio of 3.60, a quick ratio of 2.53 and a debt-to-equity ratio of 2.41.
Wall Street Analysts Forecast Growth
Check Out Our Latest Analysis on Bloom Energy
Insider Buying and Selling
In other Bloom Energy news, insider Shawn Marie Soderberg sold 8,963 shares of the stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $9.86, for a total transaction of $88,375.18. Following the completion of the transaction, the insider now owns 168,003 shares of the company’s stock, valued at $1,656,509.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other Bloom Energy news, insider Shawn Marie Soderberg sold 8,963 shares of the stock in a transaction that occurred on Tuesday, April 16th. The stock was sold at an average price of $9.86, for a total transaction of $88,375.18. Following the completion of the transaction, the insider now owns 168,003 shares of the company’s stock, valued at $1,656,509.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Kr Sridhar sold 50,746 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of $9.74, for a total value of $494,266.04. Following the transaction, the chief executive officer now directly owns 2,702,608 shares of the company’s stock, valued at approximately $26,323,401.92. The disclosure for this sale can be found here. In the last 90 days, insiders sold 74,989 shares of company stock valued at $725,292. 3.50% of the stock is owned by company insiders.
Bloom Energy Company Profile
Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.
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