Plug Power is under the microscope ahead of earnings; Here’s what to expect
November 08 2022 - 01:03PM
TipRanks
It’s almost time for Plug Power (PLUG) to join the earnings party.
Once the market action concludes today, the hydrogen specialist
will deliver its latest quarterly report. The stock has been under
pressure recently, having shed 24% over the past month alone. The
pullback to a large extent is the result of the company lowering
full year expectations midway through October. PLUG now expects to
complete several large projects in 2023 instead of this year, and
the company said it sees revenue for 2022 coming in 5% to 10% below
the $900 million to $925 million it anticipated back in August.
https://www.tipranks.com/news/article/plug-power-is-under-the-microscope-ahead-of-earnings-heres-what-to-expect?utm_source=advfn.com&utm_medium=referral
Plug Power (NASDAQ:PLUG)
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Plug Power (NASDAQ:PLUG)
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From Jan 2022 to Jan 2023