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Plug Power (PLUG) Reports Q2 Loss, Beats Revenue Estimates

Plug Power (PLUG) came out with a quarterly loss of 0.16pershareversustheZacksConsensusEstimateofalossof0.16 per share versus the Zacks Consensus Estimate of a loss of 0.15. This compares to a loss of $0.36 per share a year ago. These figures are adjusted for non-recurring items. Ahead of this earnings release, the estimate revisions trend for Plug Power was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stoc ...