Free Trial

Shoals Technologies Group (SHLS) Earnings Date, Estimates & Call Transcripts

Shoals Technologies Group logo
$5.12 +0.58 (+12.78%)
(As of 12/20/2024 05:40 PM ET)

Shoals Technologies Group Latest Earnings Summary

Actual EPS
(Nov. 12)
$0.08 Missed By -$0.02
Consensus EPS
(Nov. 12)
$0.10

Shoals Technologies Group issued Q3 2024 earnings on November 12, 2024, reporting an EPS of $0.08, which missed the consensus estimate of $0.10 by $0.02. Quarterly revenue fell 23.8% year-over-year to $102.20 million, above the consensus estimate of $98.86 million. With a trailing EPS of $0.20 and a P/E Ratio of 25.60, Shoals Technologies Group's earnings are expected to grow 24.14% next year, from $0.29 to $0.36 per share.

Get Shoals Technologies Group Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Shoals Technologies Group and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

SHLS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

SHLS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Shoals Technologies Group Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20242$0.12$0.15$0.14
Q2 20242$0.12$0.13$0.13
Q3 20242$0.17$0.18$0.18
Q4 20242$0.19$0.22$0.21
FY 20248$0.60$0.68$0.64
Q1 20251$0.21$0.21$0.21
Q2 20251$0.21$0.21$0.21
Q3 20251$0.24$0.24$0.24
Q4 20251$0.26$0.26$0.26
FY 20254$0.92$0.92$0.92

Shoals Technologies Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/12/2024Q3 2024$0.10$0.08 -$0.02$0.16$98.86M$102.20M
8/6/2024Q2 2024$0.0850$0.10+$0.0150$0.09$90.57M$99.25M
5/7/2024Q1 2024$0.04$0.05+$0.01$0.07$94.44M$90.81M
2/28/2024Q4 2023$0.15$0.11 -$0.04$0.12$131.89M$130.44M
11/7/2023Q3 2023$0.14$0.16+$0.02$0.38$136.65M$134.21M
8/1/2023Q2 2023$0.11$0.12+$0.01$0.13$111.94M$119.21M
5/8/2023Q1 2023$0.08$0.12+$0.04$0.14$98.64M$105.09M
2/28/2023Q4 2022$0.07$0.13+$0.06-$0.44$86.29M$94.65M

Shoals Technologies Group Earnings - Frequently Asked Questions

Shoals Technologies Group (NASDAQ:SHLS) last announced its quarterly earning data on Tuesday, November 12, 2024. Learn more on SHLS's earnings history.

Shoals Technologies Group updated its fourth quarter 2024 earnings guidance on Tuesday, November, 12th. The company issued revenue guidance of $97.0 million-$107.0 million, compared to the consensus revenue estimate of $94.7 million.

In the previous quarter, Shoals Technologies Group (NASDAQ:SHLS) missed the analysts' consensus estimate of $0.10 by $0.02 with a reported earnings per share (EPS) of $0.08. Learn more on analysts' earnings estimate vs. SHLS's actual earnings.

The conference call for Shoals Technologies Group's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Shoals Technologies Group's latest earnings report can be read online.
Read Transcript

Shoals Technologies Group (NASDAQ:SHLS) has a recorded annual revenue of $422.66 million.

Shoals Technologies Group (NASDAQ:SHLS) has a recorded net income of $39.97 million. SHLS has generated $0.20 earnings per share over the last four quarters.

Shoals Technologies Group (NASDAQ:SHLS) has a trailing price-to-earnings ratio of 25.60 and a forward price-to-earnings ratio of 17.66. The price/earnings-to-growth ratio is 0.64.

Shoals Technologies Group's earnings are expected to grow from $0.29 per share to $0.36 per share in the next year, which is a 24.14% increase.

More Earnings Resources from MarketBeat



This page (NASDAQ:SHLS) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners