Shoals Technologies Group Sees FY23 Revenue $485M-$495M Vs $498.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shoals Technologies Group has projected its FY23 revenue to be between $485M and $495M, which is lower than the estimated $498.89M.
November 07, 2023 | 10:17 pm
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NEGATIVE IMPACT
Shoals Technologies Group's lower than expected FY23 revenue forecast may negatively impact its stock price.
Shoals Technologies Group's FY23 revenue forecast is lower than the market estimate. This could lead to a negative sentiment among investors, potentially causing a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100