Shoals Technologies (US:SHLS) ZACKS·2025-11-04 14:26Core Viewpoint - Shoals Technologies Group reported quarterly earnings of $0.12 per share, matching the Zacks Consensus Estimate, and showing an increase from $0.08 per share a year ago [1]. Financial Performance - The company achieved revenues of $135.8 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 4.20%, compared to $102.17 million in the same quarter last year [2]. - Over the last four quarters, Shoals Technologies has surpassed consensus revenue estimates four times [2]. Stock Performance - Shoals Technologies shares have increased approximately 87% since the beginning of the year, significantly outperforming the S&P 500's gain of 16.5% [3]. - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $138.77 million, and for the current fiscal year, it is $0.37 on revenues of $460.33 million [7]. - The trend of estimate revisions for Shoals Technologies was favorable ahead of the earnings release, suggesting potential positive movements in stock performance [6]. Industry Context - The solar industry, to which Shoals Technologies belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a strong outlook for the sector [8]. - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]. Competitor Insights - SolarEdge Technologies, another company in the solar industry, is expected to report a quarterly loss of $0.38 per share, reflecting a year-over-year change of +97.5%, with revenues anticipated to be $333.46 million, up 27.8% from the previous year [9][10].