Preview: Shoals Technologies Gr's Earnings
Portfolio Pulse from Benzinga Insights
Shoals Technologies Gr (NASDAQ:SHLS) is anticipated to report a quarterly EPS of $0.17 on 2024-02-28. Analysts and investors are keen on whether the company will surpass this estimate and provide positive future guidance. Historically, SHLS's stock price has shown volatility post-earnings announcements, with a notable 10.04% drop after last quarter's results despite beating EPS estimates. Over the past year, SHLS shares have declined by 38.13%, indicating potential investor concern ahead of the earnings report.
February 27, 2024 | 3:01 pm
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Shoals Technologies Gr is expected to report a quarterly EPS of $0.17 on 2024-02-28, with investors looking for an earnings beat and positive guidance. The stock has experienced significant volatility post-earnings, with a 38.13% decline over the past year.
Given SHLS's history of stock price volatility post-earnings and the significant decline over the past year, the upcoming earnings report is crucial. However, the impact of the earnings report on the stock price is uncertain, as it will heavily depend on whether SHLS can beat the EPS estimate and provide positive future guidance. Historical data shows mixed reactions in the stock price to past earnings reports, making it challenging to predict the short-term impact accurately.
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