Array Technologies Q3 Adj EPS $0.21 Beats $0.12 Estimate, Sales $350.44M Miss $371.14M Estimate
Portfolio Pulse from Benzinga Newsdesk
Array Technologies reported Q3 earnings of $0.07 per share, missing the analyst consensus estimate of $0.12 by 41.67%. This is a 61.11% decrease from the same period last year. The company also reported quarterly sales of $350.44 million, missing the analyst consensus estimate of $371.14 million by 5.58%. This is a 31.96% decrease from the same period last year.
November 07, 2023 | 9:25 pm
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Array Technologies' Q3 earnings and sales missed estimates, with a significant decrease from the same period last year. This could negatively impact the company's stock price in the short term.
Array Technologies reported lower than expected earnings and sales for Q3, with a significant decrease from the same period last year. This could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100