Will Array Technologies (ARRY) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Array Technologies, Inc. (ARRY) has a strong history of beating earnings estimates, with an average surprise of 90.91% over the last two quarters [1][2] - The company reported earnings of $0.21 per share for the most recent quarter, exceeding the expected $0.11 per share, indicating a significant positive surprise [1] - Recent estimates for Array Technologies have been revised upwards, contributing to a positive Earnings ESP of +16.67%, suggesting bullish sentiment among analysts [2][3] Earnings Performance - Array Technologies has consistently surpassed earnings estimates, achieving a 90.91% surprise in both the most recent and previous quarters [1] - The Zacks Earnings ESP indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [2] Analyst Sentiment - The positive Earnings ESP reflects recent bullish revisions by analysts regarding Array Technologies' earnings prospects [3] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a strong potential for another earnings beat in the upcoming report [3] Importance of Earnings ESP - The Earnings ESP metric is crucial for predicting earnings performance, as it compares the Most Accurate Estimate to the Zacks Consensus Estimate [3] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it reduces predictive power [3][4]