Compared to Estimates, Plug Power (PLUG) Q1 Earnings: A Look at Key Metrics

Plug Power (PLUG) reported $120.26 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 42.8%. EPS of -$0.43 for the same period compares to -$0.35 a year ago.The reported revenue represents a surprise of -26.18% over the Zacks Consensus Estimate of $162.92 million. With the consensus EPS estimate being -$0.32, the EPS surprise was -34.38%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...