Recap: ReneSola Q3 Earnings - Emeren Group (NYSE:SOL)

ReneSola SOL reported its Q3 earnings results on Tuesday, December 7, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

ReneSola missed estimated earnings by 50%, reporting an EPS of $0.02 versus an estimate of $0.04, which surprised analysts.

Revenue was up $5,791,000 from the same period last year.

Last quarter the company beat on EPS by $0.06, which was followed by a 1.13% drop in the share price the next day.

Here's a look at ReneSola's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.05	-0.02	-0.01	0
EPS Actual	0.11	0.05	0	0.05
Revenue Estimate	20.63M	19.04M	24.64M	9.90M
Revenue Actual	18.53M	22.77M	16.81M	9.75M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.