SolarEdge(SEDG) ZACKS·2025-02-19 14:20Group 1: Earnings Performance - SolarEdge Technologies reported a quarterly loss of $3.52 per share, significantly worse than the Zacks Consensus Estimate of a loss of $1.57, marking an earnings surprise of -124.20% [1] - The company posted revenues of $196.22 million for the quarter ended December 2024, exceeding the Zacks Consensus Estimate by 5.31%, but down from $316.04 million year-over-year [2] - Over the last four quarters, SolarEdge has not surpassed consensus EPS estimates, with a notable loss of $15.33 per share in the previous quarter compared to an expected loss of $1.55 [1][2] Group 2: Stock Performance and Outlook - SolarEdge shares have increased approximately 20.3% since the beginning of the year, outperforming the S&P 500's gain of 4% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the upcoming quarter at -$1.08 on revenues of $219.23 million, and -$2.71 on revenues of $1.13 billion for the current fiscal year [7] - The Zacks Rank for SolarEdge is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The solar industry, where SolarEdge operates, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - First Solar, a competitor in the same industry, is expected to report quarterly earnings of $4.69 per share, reflecting a year-over-year increase of 44.3%, with revenues anticipated to be $1.47 billion, up 26.9% from the previous year [9][10]