Home » What the market expects: Plug Power: Based on the numbers, will the hydrogen share make a comeback tomorrow?

What the market expects: Plug Power: Based on the numbers, will the hydrogen share make a comeback tomorrow?

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What the market expects: Plug Power: Based on the numbers, will the hydrogen share make a comeback tomorrow?

Hydrogen specialist Plug Power will report its profits on Thursday. What does the market expect?

For Plug Power’s upcoming report, Wall Street analysts expect a quarterly loss of $0.33 per share, up 5.7 percent from the same period last year. Revenue is forecast at $173.08 million, down 17.7 percent from the same period last year.

For the current fiscal year, analysts on average forecast a loss of $1.03 per share, an improvement from the loss of $2.30 per share in the previous year. At the revenue level, the market is expecting an average revenue of $991 million, an increase compared to last year’s $891.3 million.

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