Shoals Technologies (US:SHLS) ZACKS·2025-02-25 14:30Company Performance - Shoals Technologies Group reported quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share, and down from $0.12 per share a year ago, representing an earnings surprise of -11.11% [1] - The company posted revenues of $106.99 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 5.84%, but down from $130.44 million year-over-year [2] - Over the last four quarters, Shoals Technologies has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Stock Performance - Shoals Technologies shares have lost about 19% since the beginning of the year, while the S&P 500 has gained 1.7% [3] - The current consensus EPS estimate for the coming quarter is $0.10 on revenues of $98.59 million, and for the current fiscal year, it is $0.43 on revenues of $446.12 million [7] Industry Outlook - The solar industry, to which Shoals Technologies belongs, is currently in the top 30% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact stock performance [5][8]