Earnings Outlook For FTC Solar
Portfolio Pulse from Benzinga Insights
FTC Solar (NASDAQ:FTCI) is scheduled to release its quarterly earnings report on March 13, 2024, with analysts expecting an EPS of $-0.07. The company's past earnings performance shows a mix of misses and beats against estimates, with varying impacts on its stock price. Shares have declined by 80.85% over the last 52 weeks, indicating a challenging period for the company. Investors will be keenly watching for both the earnings outcome and the forward guidance, which could significantly influence the stock's short-term direction.
March 12, 2024 | 4:01 pm
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FTC Solar is expected to report an EPS of $-0.07 for the latest quarter. The company's stock has significantly declined over the past year, indicating a challenging period. Investors will focus on the earnings outcome and forward guidance.
Given FTC Solar's mixed past earnings performance and the significant decline in its stock price over the last year, the upcoming earnings report and particularly the forward guidance will be critical for investors. The expected EPS of $-0.07 sets a cautious tone, but any positive surprise in earnings or optimistic guidance could provide a short-term boost to the stock. Conversely, a miss or negative guidance could exacerbate the stock's downward trend.
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