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Shoals Technologies Group (SHLS) Lags Q1 Earnings Estimates
ZACKS· 2025-05-06 13:25
Group 1: Earnings Performance - Shoals Technologies Group reported quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share, and down from $0.07 per share a year ago, representing an earnings surprise of -25% [1] - The company posted revenues of $80.63 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 9.19%, but down from $90.81 million year-over-year [2] - Over the last four quarters, the company has surpassed consensus EPS estimates just once, while it has topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Shoals Technologies shares have lost about 32% since the beginning of the year, compared to the S&P 500's decline of -3.9% [3] - The company's earnings outlook is mixed, with the current consensus EPS estimate for the coming quarter at $0.07 on revenues of $95.36 million, and $0.36 on revenues of $418.46 million for the current fiscal year [7] - The Zacks Industry Rank indicates that the Solar industry is currently in the bottom 18% of over 250 Zacks industries, which may impact stock performance [8] Group 3: Future Earnings Expectations - The sustainability of the stock's immediate price movement will depend on management's commentary on the earnings call and future earnings expectations [3][4] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6]
Analysts Estimate Canadian Solar (CSIQ) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-05-01 15:07
Core Viewpoint - The market anticipates a significant year-over-year decline in earnings for Canadian Solar, with a consensus estimate of a quarterly loss of $1.50 per share and revenues expected to drop by 18.1% to $1.09 billion [3][4]. Company Summary - Canadian Solar is projected to report a quarterly loss of $1.50 per share, reflecting a drastic year-over-year change of -889.5% [3]. - The expected revenue for the quarter is $1.09 billion, which is an 18.1% decrease compared to the same quarter last year [3]. - The consensus EPS estimate has been revised down by 164.29% over the last 30 days, indicating a significant reassessment by analysts [4]. - The Most Accurate Estimate for Canadian Solar is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +13.81% [10][11]. - Despite the positive Earnings ESP, the stock carries a Zacks Rank of 5, complicating predictions of an earnings beat [11]. Industry Summary - SolarEdge Technologies, a competitor in the solar industry, is expected to report earnings per share of $1.20 for the same quarter, indicating a year-over-year increase of +36.8% [17]. - SolarEdge's revenues are projected to be $203.8 million, reflecting a slight decrease of 0.3% from the previous year [17]. - The consensus EPS estimate for SolarEdge has been revised down by 2.5% over the last 30 days, resulting in an Earnings ESP of -8.73% [18].
FTC Solar (FTCI) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-01 12:50
Group 1 - FTC Solar reported a quarterly loss of $0.84 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.67, but an improvement from a loss of $0.90 per share a year ago, indicating a surprise of -25.37% [1] - The company posted revenues of $20.8 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 12.45%, and showing a significant increase from $12.59 million in the same quarter last year [2] - FTC Solar shares have declined approximately 42.1% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [3] Group 2 - The earnings outlook for FTC Solar is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend for earnings estimate revisions for FTC Solar is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [6] - The current consensus EPS estimate for the upcoming quarter is -$0.67 on revenues of $18.04 million, and for the current fiscal year, it is -$1.84 on revenues of $87.15 million [7] Group 3 - The solar industry, to which FTC Solar belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, indicating that the industry's outlook can significantly impact stock performance [8] - Tigo Energy, another company in the solar industry, is expected to report a quarterly loss of $0.13 per share, reflecting a year-over-year change of +31.6%, with revenues anticipated to be $17.68 million, up 80.5% from the previous year [9]
Array Technologies, Inc. (ARRY) Flat As Market Gains: What You Should Know
ZACKS· 2025-04-29 23:20
Company Performance - Array Technologies, Inc. closed at $5.29, unchanged from the previous session, lagging behind the S&P 500's gain of 0.58% [1] - The company's shares have appreciated by 8.62% over the past month, outperforming the Oils-Energy sector's loss of 8.92% and the S&P 500's loss of 0.84% [1] Earnings Forecast - Array Technologies is expected to release earnings on May 6, 2025, with a predicted EPS of $0.09, indicating a 50% growth compared to the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $263.11 million, up 71.52% from the year-ago period [2] Full Year Estimates - For the full year, the Zacks Consensus Estimates project earnings of $0.61 per share and revenue of $1.09 billion, reflecting changes of +1.67% and +18.61% respectively from the previous year [3] Analyst Forecast Revisions - Recent revisions to analyst forecasts for Array Technologies should be monitored, as positive estimate revisions indicate optimism about the company's business outlook [4] Valuation Metrics - Array Technologies has a Forward P/E ratio of 8.72, indicating a discount compared to its industry's Forward P/E of 11.21 [7] - The company has a PEG ratio of 0.4, which is in line with the average PEG ratio of the Solar industry at yesterday's closing price [7] Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 193, placing it in the bottom 23% of all industries [8]
First Solar (FSLR) Q1 Earnings and Revenues Miss Estimates
ZACKS· 2025-04-29 22:20
Core Viewpoint - First Solar reported quarterly earnings of $1.95 per share, missing the Zacks Consensus Estimate of $2.50 per share, representing a -22% earnings surprise [1] - The company posted revenues of $844.57 million for the quarter, slightly missing the consensus estimate by 0.73% [2] Financial Performance - Earnings per share decreased from $2.20 a year ago to $1.95 this quarter [1] - Revenue increased from $794.11 million in the same quarter last year to $844.57 million [2] - Over the last four quarters, First Solar has surpassed consensus EPS estimates only once [2] Stock Performance - First Solar shares have declined approximately 20.2% since the beginning of the year, compared to a -6% decline in the S&P 500 [3] - The current Zacks Rank for First Solar is 3 (Hold), indicating expected performance in line with the market [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $4.19, with expected revenues of $1.24 billion [7] - For the current fiscal year, the consensus EPS estimate is $18.22 on revenues of $5.48 billion [7] - The solar industry is currently ranked in the bottom 23% of Zacks industries, which may impact stock performance [8]
Array Technologies, Inc. (ARRY) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-29 15:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Array Technologies, Inc. (ARRY) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on ...
Are Oils-Energy Stocks Lagging Enterprise Products Partners (EPD) This Year?
ZACKS· 2025-04-29 14:45
Group 1 - Enterprise Products Partners (EPD) is one of 246 individual stocks in the Oils-Energy sector, which ranks 14 in the Zacks Sector Rank [2] - EPD currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [3] - The Zacks Consensus Estimate for EPD's full-year earnings has increased by 2.5% over the past quarter, reflecting improving analyst sentiment [4] Group 2 - EPD has returned approximately 0% year-to-date, outperforming the average loss of 5.4% in the Oils-Energy sector [4] - EPD is part of the Oil and Gas - Production Pipeline - MLB industry, which ranks 202 in the Zacks Industry Rank, with an average loss of 5.8% this year [6] - Another stock in the Oils-Energy sector, Complete Solaria, Inc. (SPWR), has increased by 14.5% year-to-date, with a consensus EPS estimate rise of 129.6% over the past three months [5][7]
Sunrun (RUN) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-04-28 23:20
Company Performance - Sunrun's stock closed at $7.50, reflecting a gain of 1.49% from the previous trading session, outperforming the S&P 500's daily gain of 0.06% [1] - Over the past month, Sunrun's shares have appreciated by 24.41%, contrasting with the Oils-Energy sector's loss of 10.24% and the S&P 500's loss of 4.29% [1] Upcoming Earnings - Sunrun is set to release its earnings report on May 7, 2025, with an expected EPS of -$0.22, indicating a 45% growth compared to the same quarter last year [2] - The consensus estimate for revenue is $493.97 million, representing a 7.81% increase from the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of -$0.47 per share and revenue of $2.22 billion, reflecting changes of -135.34% and +9.15% respectively from the previous year [3] Analyst Estimates - Recent changes to analyst estimates for Sunrun indicate short-term business trends, with positive revisions suggesting optimism about the company's outlook [4] - The Zacks Rank system, which assesses estimate changes, indicates that these revisions can correlate with stock price performance [5] Zacks Rank - Sunrun currently holds a Zacks Rank of 2 (Buy), with a consensus EPS projection that has increased by 24.46% in the past 30 days [6] - The Zacks Rank system has a strong track record, with 1 stocks averaging an annual return of +25% since 1988 [6] Industry Context - The solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 171, placing it in the bottom 32% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
The Bottom Fishing Club - Shoals Technologies: American Made Solar Play
Seeking Alpha· 2025-04-28 10:37
Core Insights - The article highlights the investment strategies and achievements of Paul Franke, a seasoned investor with 38 years of trading experience, emphasizing his contrarian stock selection style and algorithmic analysis for identifying investment opportunities [1] Group 1: Investment Strategies - Paul Franke developed a system called "Victory Formation," which focuses on supply/demand imbalances indicated by specific stock price and volume movements [1] - The "Bottom Fishing Club" articles target deep-value stocks or those showing significant positive technical momentum reversals [1] - The "Volume Breakout Report" articles analyze positive trend changes supported by strong price and volume trading activity [1] Group 2: Performance and Recognition - Franke was consistently ranked among the top investment advisors nationally during the 1990s and achieved the 1 position in the Motley Fool® CAPS stock picking contest in 2008 and 2009 out of over 60,000 portfolios [1] - As of September 2024, he was ranked in the Top 3% of bloggers by TipRanks® for 12-month stock picking performance over the last decade [1] Group 3: Risk Management - Franke advises investors to implement stop-loss levels of 10% or 20% on individual stock choices and to maintain a diversified portfolio of at least 50 well-positioned stocks to enhance regular stock market outperformance [1]
Should You Buy, Hold or Sell First Solar Stock Before Q1 Earnings?
ZACKS· 2025-04-25 12:30
First Solar, Inc. (FSLR) is scheduled to release first-quarter 2025 results on April 29, after market close. The Zacks Consensus Estimate for first-quarter revenues is pegged at $851.9 million, implying a 7.3% improvement from the year-ago reported figure. The consensus mark for earnings is pegged at $2.49 per share, suggesting a 13.2% increase from $2.20 reported in the prior-year quarter. The bottom-line estimate has, however, moved down 34.1% in the past 60 days. (Find the latest EPS estimates and surpri ...