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Bloom Energy Stock Tanks On Q4 Performance: Earnings Miss, Subpar Outlook and More

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Bloom Energy Corporation (NYSE:BE) shares are down after the company reported worse-than-expected fourth-quarter financial results after the bell Thursday. Here’s a look at the details.

Bloom Energy reported quarterly earnings of 7 cents per share, which missed the analyst consensus estimate of 11 cents by 36.36%.

The company reported quarterly sales of $356.92 million, which missed the analyst consensus estimate of $476.28 million by 25.06% and is a 22.84% decrease over sales of $462.58 million …

Full story available on Benzinga.com

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