Investing.com - Bloom Energy reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Bloom Energy announced earnings per share of $-0.31 on revenue of $292.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $285.05M.
Bloom Energy shares are down 39.79% from the beginning of the year and are trading at $19.24 , down-from-52-week-high.
Bloom Energy follows other major Industrials sector earnings this month
Bloom Energy's report follows an earnings beat by United Parcel Service on October 25, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on October 25 with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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