Shoals Technologies Group Q3 2023 Adj EPS $0.20 Beats $0.15 Estimate, Revenue $134.2M Misses $136.018M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shoals Technologies Group reported Q3 2023 earnings with an adjusted EPS of $0.20, beating the estimate of $0.15. However, the company's revenue of $134.2M fell short of the $136.018M estimate.
November 07, 2023 | 9:20 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Shoals Technologies Group's Q3 2023 earnings beat EPS estimates but missed on revenue. This mixed result could lead to uncertain market reactions.
Shoals Technologies Group reported a higher than expected EPS, indicating profitability. However, the lower than expected revenue could signal potential issues with sales or market demand. This mixed result may lead to an uncertain short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100