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Bloom Energy (BE) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2025-07-22 23:15
In the latest close session, Bloom Energy (BE) was up +2.25% at $25.93. This change outpaced the S&P 500's 0.06% gain on the day. Meanwhile, the Dow gained 0.41%, and the Nasdaq, a tech-heavy index, lost 0.39%. Prior to today's trading, shares of the developer of fuel cell systems had gained 12.41% outpaced the Oils-Energy sector's loss of 3.71% and the S&P 500's gain of 5.88%.The investment community will be closely monitoring the performance of Bloom Energy in its forthcoming earnings report. The company ...
Crescent Energy (CRGY) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-07-21 23:15
Crescent Energy (CRGY) ended the recent trading session at $8.45, demonstrating a -3.21% change from the preceding day's closing price. This change lagged the S&P 500's 0.14% gain on the day. Elsewhere, the Dow lost 0.04%, while the tech-heavy Nasdaq added 0.38%. Coming into today, shares of the oil and gas company had lost 7.81% in the past month. In that same time, the Oils-Energy sector lost 0.85%, while the S&P 500 gained 5.35%. The investment community will be paying close attention to the earnings per ...
Why the Market Dipped But Clearway Energy (CWEN) Gained Today
ZACKS· 2025-07-18 23:16
Company Performance - Clearway Energy (CWEN) closed at $32.98, marking a +1.95% move from the prior day, outperforming the S&P 500 which registered a daily loss of 0.01% [1] - The company has gained 0.81% in the past month, while the Oils-Energy sector lost 1.27% and the S&P 500 gained 5.37% [2] Earnings Forecast - Clearway Energy is expected to release its earnings on August 5, 2025, with a predicted EPS of $0.81, indicating an 88.37% growth compared to the same quarter last year [3] - The consensus estimate for quarterly revenue is $434.4 million, up 18.69% from the year-ago period [3] Annual Estimates - For the annual period, Zacks Consensus Estimates anticipate earnings of $1.21 per share and revenue of $1.46 billion, signifying shifts of +61.33% and +6.14% respectively from the last year [4] Analyst Estimates - Recent changes to analyst estimates for Clearway Energy should be noted, as positive revisions are interpreted as a good sign for the business outlook [4] - The Zacks Rank system indicates that Clearway Energy currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Clearway Energy is currently traded at a Forward P/E ratio of 26.68, which is a premium compared to the industry average Forward P/E of 19.79 [7] - The company has a PEG ratio of 0.7, while the Alternative Energy - Other industry had an average PEG ratio of 2.4 [7] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, ranks in the bottom 39% of all industries according to the Zacks Industry Rank [8] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
GE Vernova (GEV) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-17 23:00
In the latest trading session, GE Vernova (GEV) closed at $570.17, marking a +1.6% move from the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.54%. Meanwhile, the Dow experienced a rise of 0.52%, and the technology-dominated Nasdaq saw an increase of 0.74%. Shares of the the energy business spun off from General Electric witnessed a gain of 14.48% over the previous month, beating the performance of the Oils-Energy sector with its loss of 1.43%, and the S&P 500's gain of 4. ...
Can Expand Energy (EXE) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-07-17 17:11
Core Viewpoint - Expand Energy (EXE) is positioned to potentially continue its earnings-beat streak, supported by a history of surpassing earnings estimates and a positive Earnings ESP [1][5]. Earnings Performance - For the most recent quarter, Expand Energy reported earnings of $1.85 per share, missing the expected $2.02 per share by 9.19%. In the previous quarter, it exceeded expectations by reporting $0.55 per share against a consensus estimate of $0.53 per share, resulting in a surprise of 3.77% [2]. Earnings Estimates and Predictions - Estimates for Expand Energy have been trending higher due to its earnings surprise history. The stock currently has a positive Earnings ESP of +0.43%, indicating bullish sentiment among analysts regarding its earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions. This metric is crucial for predicting earnings performance ahead of quarterly releases [7][10].
Clearway Energy (CWEN) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-07-11 23:16
Company Performance - Clearway Energy (CWEN) closed at $31.87, reflecting a -1.18% change from the previous day, underperforming compared to the S&P 500's daily loss of 0.33% [1] - The stock has increased by 1.74% over the past month, which is lower than the Oils-Energy sector's gain of 4.04% and the S&P 500's gain of 4.07% [1] Upcoming Earnings - Clearway Energy is set to release its earnings report on August 5, 2025, with an expected EPS of $0.81, indicating an 88.37% increase from the same quarter last year [2] - The consensus estimate for revenue is projected at $434.4 million, reflecting an 18.69% rise from the equivalent quarter last year [2] Fiscal Year Estimates - For the entire fiscal year, earnings are forecasted at $1.21 per share and revenue at $1.46 billion, representing increases of +61.33% and +6.14% respectively from the previous year [3] Analyst Estimates - Changes in analyst estimates for Clearway Energy are important as they reflect short-term business trends, with positive revisions indicating optimism about the business outlook [4] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [5] Zacks Rank and Valuation - Clearway Energy currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS estimate over the past month [6] - The company has a Forward P/E ratio of 26.6, which is a premium compared to the industry average Forward P/E of 19.67, and a PEG ratio of 0.69, significantly lower than the industry average PEG ratio of 2.46 [7] Industry Context - The Alternative Energy - Other industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 156, placing it in the bottom 37% of over 250 industries [8]
Is Trending Stock GE Vernova Inc. (GEV) a Buy Now?
ZACKS· 2025-07-10 14:00
Core Viewpoint - GE Vernova (GEV) has been trending as a stock of interest, with a notable performance compared to the broader market and its industry [1][2]. Earnings Estimates - For the current quarter, GE Vernova is projected to report earnings of $1.58 per share, reflecting a year-over-year increase of +122.5%. The consensus estimate has seen a slight decrease of -2.7% over the last 30 days [5]. - The consensus earnings estimate for the current fiscal year stands at $7.21, indicating a +29.2% change from the previous year, with a minor increase of +0.8% in the last month [5]. - For the next fiscal year, the earnings estimate is $11.34, suggesting a +57.2% increase compared to the prior year, with a recent adjustment of +0.5% [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $8.82 billion, which represents a year-over-year growth of +7.5%. For the current and next fiscal years, the sales estimates are $37.21 billion and $40.94 billion, indicating growth rates of +6.5% and +10%, respectively [11]. Last Reported Results - In the last reported quarter, GE Vernova achieved revenues of $8.03 billion, marking a +10.6% increase year-over-year. The EPS was $0.91, a significant improvement from -$0.41 a year ago. The revenue exceeded the Zacks Consensus Estimate of $7.54 billion by +6.46%, and the EPS surpassed estimates by +102.22% [12]. Valuation - GE Vernova is graded C on the Zacks Value Style Score, suggesting that it is trading at par with its peers. This assessment is based on various valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) [17].
Why Crescent Energy (CRGY) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-07-07 17:11
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Crescent Energy (CRGY) . This company, which is in the Zacks Alternative Energy - Other industry, shows potential for another earnings beat.This oil and gas company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past t ...
Bloom Energy (BE) Moves 7.8% Higher: Will This Strength Last?
ZACKS· 2025-07-01 14:36
Bloom Energy (BE) shares ended the last trading session 7.8% higher at $23.92. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 20.1% gain over the past four weeks.Bloom Energy is well-positioned to benefit from the Senate’s newly revised bill, which offers expanded support for hydrogen and other renewable energy sources. The latest version eases eligibility criteria and extends provisions for the 45V hydrogen tax c ...
GE Vernova (GEV) Rises Higher Than Market: Key Facts
ZACKS· 2025-06-27 22:51
Company Performance - GE Vernova (GEV) stock increased by 2.54% to $519.66, outperforming the S&P 500's daily gain of 0.52% [1] - Over the past month, GEV shares have risen by 7.56%, while the Oils-Energy sector gained 5.34% and the S&P 500 increased by 5.95% [1] Upcoming Earnings - The earnings report for GE Vernova is expected on July 23, 2025, with an anticipated EPS of $1.63, reflecting a growth of 129.58% compared to the same quarter last year [2] - Revenue is projected to be $8.76 billion, indicating a 6.79% increase from the equivalent quarter last year [2] Full Year Estimates - For the full year, earnings are projected at $7.16 per share and revenue at $37.17 billion, showing increases of 28.32% and 6.39% respectively from the previous year [3] Analyst Forecasts - Recent revisions to analyst forecasts for GE Vernova are important as they reflect short-term business trends, with positive changes indicating analyst optimism [4] - Estimate revisions are believed to be directly related to near-term stock movements, providing actionable insights for investors [5] Zacks Rank and Valuation - GE Vernova currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having decreased by 0.02% in the past month [6] - The company has a Forward P/E ratio of 70.83, significantly higher than its industry's Forward P/E of 19.65, and a PEG ratio of 3.94 compared to the industry average of 2.17 [7] Industry Context - The Alternative Energy - Other industry, which includes GE Vernova, has a Zacks Industry Rank of 159, placing it in the bottom 36% of over 250 industries [8]