Plug Power (NASDAQ:PLUG) reported its Q3 earnings results on Tuesday, November 9, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Plug Power their estimated earnings by 111.11%, reporting an EPS of $-0.19 versus an estimate of $-0.09, which surprised analysts.
Revenue was up $36,933,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1, which was followed by a 0.38% drop in the share price the next day.
Here's a look at Plug Power's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.08 | -0.10 | -0.07 |
| EPS Actual | -0.18 | -0.12 | -0.05 | -0.04 |
| Revenue Estimate | 114.02M | 76.87M | 87.32M | 109.21M |
| Revenue Actual | 124.56M | 71.96M | -316.34M | 106.99M |
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