Array Technologies, Inc. (ARRY) Surpasses Q3 Earnings and Revenue Estimates
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Array Technologies, Inc. (ARRY) reported Q3 earnings of $0.17 per share, surpassing the Zacks Consensus Estimate of $0.14. This is a decrease from $0.21 per share a year ago.
November 07, 2024 | 11:45 pm
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Array Technologies, Inc. (ARRY) reported better-than-expected Q3 earnings of $0.17 per share, exceeding the Zacks Consensus Estimate of $0.14. Despite this positive surprise, earnings are down from $0.21 per share a year ago.
The positive earnings surprise is likely to boost investor sentiment in the short term, as the company exceeded expectations. However, the year-over-year decline in earnings may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100