Fluence Energy (NASDAQ:FLNC) is set to report earnings after market hours on Monday. Last quarter, the company beat revenue expectations by 29.8%, but reported a 30.7% decrease in revenues year on year. Analysts expect a 57.9% revenue growth this quarter, with adjusted earnings of $0.01 per share. Analysts have become more bearish on Fluence Energy recently, with 5 downward revenue revisions in the last 30 days. Peers like Generac and Sunrun have already reported positive results, with share prices remaining steady in the renewable energy segment. Fluence Energy is currently trading at $8.29 with an average analyst price target of $8.74.

Read more at Barchart: Fluence Energy (FLNC) Q2 Earnings Report Preview: What To Look For