• Bloom Energy Corp BE.N reported quarterly adjusted earnings of 3 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -17 cents. The mean expectation of nineteen analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -16 cents tozero cents per share.

• Revenue rose 38.6% to $326.02 million from a year ago; analysts expected $293.87 million.

• Bloom Energy Corp's reported EPS for the quarter was a loss of 10 cents​.

• The company reported a quarterly loss of $23.81 million.

• Bloom Energy Corp shares had fallen by 3.8% this quarter and lost 14.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 12 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the heavy electrical equipment peer group is also "hold"

• Wall Street's median 12-month price target for Bloom Energy Corp is $26.00

This summary was machine generated from LSEG data April 30 at 09:46 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)