Bloom Energy CorpRevenue surged 130% to $751.1 million, strongest in the group.
EnerSys reported first-quarter revenue of $988 million, a 1.4% year-on-year increase that exceeded analyst expectations by 1.5%. The company, which manufactures batteries for industries including mining, also delivered an impressive beat on EBITDA estimates and issued next-quarter EPS guidance above consensus. Among 17 tracked renewable energy stocks, the group overall beat revenue estimates by 5.7% and saw average share price gains of 10.8% since reporting. Bloom Energy posted the strongest results with revenue surging 130% to $751.1 million, while FuelCell Energy was the weakest with a 4.9% revenue decline to $35.59 million, missing estimates by 12.6%.
Bloom Energy CorpRevenue surged 130% to $751.1 million, strongest in the group.
FuelCell Energy IncRevenue declined 4.9% to $35.59 million, missing estimates by 12.6%.
American Superconductor Corporation
Fluence Energy Inc
EnersysRevenue beat estimates, EBITDA beat, and next-quarter EPS guidance above consensus.