SolarEdge Technologies Earnings Preview
Portfolio Pulse from Benzinga Insights
SolarEdge Technologies (NASDAQ:SEDG) is anticipated to report a Q4 earnings per share (EPS) of $-1.32 on February 20, 2024. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historical performance shows mixed results with both earnings misses and beats, affecting stock prices variably. The stock has seen a significant decline of 71.12% over the last year, with current shares trading at $86.94 as of February 15.
February 19, 2024 | 7:01 pm
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SolarEdge Technologies is expected to report a Q4 EPS of $-1.32, with investors looking for a beat and positive guidance. The stock has declined 71.12% over the past year.
The anticipation of SolarEdge Technologies' earnings report and its potential to beat EPS estimates could influence short-term stock movement. However, given the stock's significant decline over the past year and mixed past earnings performance, the impact of the upcoming earnings report is uncertain. Positive guidance could provide a boost, but the recent trend suggests investor sentiment may be cautious.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100