Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings
This copy is for your individual, non-commercial usage just. To order presentation-ready copies for circulation to your coworkers, customers or consumers goto http://www.djreprints.com.
https://www.barrons.com/articles/plug-power-plug-stock-earnings-51646172487
- Order Reprints
- Print Article
Shares of Plug Power were increasing early Wednesday as financiers revealed mindful optimism over the hydrogen fuel-cell business’s monetary projections for 2022, even as fourth-quarter losses were broader than anticipated.
Plug (ticker: PLUG) declared its 2022 objective of raking in inbetween $900 million and $925 million in profits, suggesting 90% earnings development year over year. The anticipated shown that the figure is mostlikely to be above experts’ agreement projection for $905.8 million.
Additionally,…
Source: Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings.