Fuel cell technology company Plug Power (NASDAQ:PLUG) is set to announce earnings results, with last quarter’s revenue beating expectations at $133.7 million, up 11.2% year on year. Analysts expect this quarter’s revenue to grow by 9.9% to $157.6 million, with an adjusted loss of -$0.16 per share. Analysts have become more bullish on Plug Power, with revenue estimates seeing 4 upward revisions in the last 30 days. Peers in the renewable energy sector like Generac and Sunrun have reported positive results, with share prices holding steady. Plug Power is down 9% over the past month, with an average analyst price target of $1.94.

Read more at Stockstory.org is an independent media company.: Plug Power (PLUG) Q2 Earnings Report Preview: What To Look For