Bloom Energy (BE) Exceeds Market Returns: Some Facts to Consider

Heading into today, shares of the developer of fuel cell systems had lost 18.72% over the past month, lagging the Oils-Energy sector's loss of 0.69% and the S&P 500's gain of 2.83% in that time. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.15 per share and revenue of $1.47 billion, which would represent changes of +250% and +10.13%, respectively, from the prior year. Empirical research indicates that these revisions in estimates have a direct correlation with impending stoc ...