Shoals Technologies Gr: Q1 Earnings Insights - Shoals Technologies Gr (NASDAQ:SHLS)

Shoals Technologies Gr SHLS reported its Q1 earnings results on Monday, May 16, 2022 at 04:00 PM.

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

Shoals Technologies Gr missed estimated earnings by 28.57%, reporting an EPS of $0.05 versus an estimate of $0.07.

Revenue was up $22.37 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 14.58% increase in the share price the next day.

Here's a look at Shoals Technologies Gr's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.04	0.07	0.07	0.04
EPS Actual	0.01	0.07	0.09	0.05
Revenue Estimate	46.50M	61.64M	58.96M	43.47M
Revenue Actual	48.05M	59.84M	59.72M	45.60M

To track all earnings releases for Shoals Technologies Gr visit their earnings calendar here.

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