Fluence Energy (FLNC) beats Q4 earnings estimates, but falls short on revenue

From Nasdaq: 2024-11-25 17:55:04

Fluence Energy, Inc. (FLNC) reported quarterly earnings of $0.34 per share, surpassing the Zacks Consensus Estimate of $0.27. This marks a significant increase from earnings of $0.02 per share a year ago. The company has beaten EPS estimates twice in the last four quarters and posted revenues of $1.23 billion for the quarter, falling short of expectations by 4.91%.

The stock’s performance moving forward will depend on management’s commentary and future earnings expectations. While Fluence Energy shares have declined by 3.5% this year, investors are eager to see the company’s next moves. Analysts point to the importance of tracking earnings outlook and estimate revisions to gauge stock performance in the industry.

FuelCell Energy (FCEL), a competitor in the same sector, is expected to report a quarterly loss of $1.65 per share, representing a 21.4% increase year-over-year. Revenue projections for FuelCell Energy show an expected increase of 77.5% from the previous year. Investors are advised to monitor industry trends and stock performance before making investment decisions.



Read more at Nasdaq: Fluence Energy, Inc. (FLNC) Q4 Earnings Top Estimates