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Stock impact report

Renewable Energy Stocks Q3 Results: Benchmarking Plug Power (NASDAQ:PLUG) [Yahoo! Finance]

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: Yahoo! Finance
Renewable energy companies are buoyed by the secular trend of green energy that is upending traditional power generation. Those who innovate and evolve with this dynamic market can win share while those who continue to rely on legacy technologies can see diminishing demand, which includes headwinds from increasing regulation against “dirty” energy. Additionally, these companies are at the whim of economic cycles, as interest rates can impact the willingness to invest in renewable energy projects. The 18 renewable energy stocks we track reported a mixed Q3. As a group, revenues missed analysts' consensus estimates by 5.4% while next quarter's revenue guidance was 0.6% above. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 23.5% since the latest earnings results. Powering forklifts for Walmart's distribution centers, Plug Power (NASDAQ:PLUG) provides hydrogen fuel cells used to power electric motors. Plug Power reported revenu Show less Read more
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