Emeren Group SOL reported its Q3 earnings results on Tuesday, November 21, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Emeren Group missed estimated earnings by 383.33%, reporting an EPS of $-0.17 versus an estimate of $0.06.
Revenue was down $14.94 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.04 which was followed by a 5.48% drop in the share price the next day.
Here's a look at Emeren Group's past performance:
Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
---|---|---|---|---|
EPS Estimate | 0.10 | 0.04 | 0.08 | 0.01 |
EPS Actual | 0.14 | 0 | 0.05 | 0.05 |
Revenue Estimate | 39.10M | 35.15M | 46.59M | 22.56M |
Revenue Actual | 33.85M | 12.88M | 40.80M | 28.89M |
To track all earnings releases for Emeren Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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