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Bloom Surges After Raising Guidance as Earnings Double Estimates

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Bloom Surges After Raising Guidance as Earnings Double Estimates Bloom Energy Corp. jumped after the fuel-cell maker posted earnings that were more than double expectations and raised full-year guidance for the second consecutive quarter, a sign of rampant demand from data centers. Bloom reported second-quarter profit of 62 cents per share, according to a statement Tuesday, blowing past the 28-cent average of estimates compiled by Bloomberg. The shares gained as much as 14% in after-hours...

Bloom Surges After Raising Guidance as Earnings Double Estimates Bloom Energy Corp. jumped after the fuel-cell maker posted earnings that were more than double expectations and raised full-year guidance for the second consecutive quarter, a sign of rampant demand from data centers. Bloom reported second-quarter profit of 62 cents per share, according to a statement Tuesday, blowing past the 28-cent average of estimates compiled by Bloomberg. The shares gained as much as 14% in after-hours trading in New York.
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