Just been looking at Plug Power (PLUG) ahead of their Q4 earnings and there's actually some decent setup here. The consensus is looking for them to post a quarterly loss of $0.10 per share, which sounds rough but is actually way better than last year - that's like a 94% improvement year-over-year. Revenue's expected to hit around $220.68 million, up about 15% from the same quarter last year. So the underlying business is actually growing.

Here's the interesting part though - analysts have been revising their estimates up more recently. The Most Accurate Estimate is now higher than the consensus, which gives this stock a positive Earnings ESP reading of +41.93%. Combined with a Zacks Rank of 3 (Hold), that historically points to a pretty good chance of beating expectations. Their research shows stocks with this combo beat earnings roughly 70% of the time.

Looking at their track record, they beat last quarter by 7.69%, so there's some momentum there. Obviously earnings alone don't make or break a stock - plenty of companies beat and still tank because of guidance or macro concerns. But if you're hunting for earnings plays, this power company actually looks like a reasonable candidate to watch before the release. Just don't put all your eggs in one basket on this one.