Fluence Energy posted a quarterly loss of $0.24 per share, far below the Zacks Consensus Estimate of a $0.05 loss, representing an earnings surprise of -380%. Revenue came in at $600.18 million, missing the consensus estimate by 21.22% and slightly down from $602.53 million a year ago. The company has beaten consensus EPS estimates only once in the last four quarters and has not topped revenue estimates over that span. Shares have fallen about 20.8% year to date, contrasting with a 13% gain for the S&P 500. The current consensus EPS estimate stands at $0.32 on $1.68 billion in revenue for the coming quarter and -$0.18 on $3.39 billion for the fiscal year.
Fluence Energy IncQ3 loss of $0.24 per share missed estimates by 380% and revenue missed consensus by 21.22%.
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