Array Technologies Q2 EPS $0.47 Beats $0.18 Estimate, Sales $507.70M Beat $448.84M Estimate
Portfolio Pulse from Benzinga Newsdesk
Array Technologies reported Q2 earnings of $0.47 per share, beating the analyst consensus estimate of $0.18 by 161.11%. This is a 422.22% increase from the same period last year. The company also reported quarterly sales of $507.70 million, beating the analyst consensus estimate of $448.84 million by 13.11%. This is a 19.48% increase from the same period last year.
August 08, 2023 | 8:12 pm
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Array Technologies reported strong Q2 earnings and sales, both beating analyst estimates. This could lead to a positive short-term impact on the stock.
Array Technologies reported Q2 earnings and sales that significantly beat analyst estimates. This strong performance indicates the company's robust financial health and could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100