Bloom Energy (BE) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Bloom Energy (BE) is anticipated to report a year-over-year increase in earnings and revenues for the quarter ended December 2024, with earnings expected to be $0.32 per share and revenues projected at$511.65 million, reflecting a significant increase from the previous year [1][3]. Earnings Expectations - The consensus EPS estimate indicates a year-over-year change of +357.1% for Bloom Energy, while revenues are expected to rise by 43.4% [3]. - The upcoming earnings report is scheduled for February 27, and the stock may experience volatility based on whether the actual results meet or exceed these expectations [2]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a stable outlook from covering analysts [4]. - Bloom Energy's Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -11.95%, suggesting a bearish sentiment among analysts [10][11]. Earnings Surprise History - In the last reported quarter, Bloom Energy was expected to post earnings of $0.09 per share but instead reported a loss of$0.01, resulting in a surprise of -111.11% [12]. - The company has not surpassed consensus EPS estimates in any of the last four quarters, indicating a trend of underperformance [13]. Comparison with Industry Peers - Excelerate Energy (EE), another player in the alternative energy sector, is expected to report earnings of $0.33 per share, reflecting a year-over-year change of +135.7%, despite a revenue decline of 15.5% [17]. - Excelerate Energy has an Earnings ESP of 2.77% and a Zacks Rank of 3, suggesting a higher likelihood of beating the consensus EPS estimate [18].