Array Technologies (ARRY) Earnings Date, Estimates & Call Transcripts

$10.66
-0.30 (-2.74%)
(As of 11:16 AM ET)

Earnings Summary

Upcoming
Earnings Date
Aug. 13Estimated
Actual EPS
(May. 9)
$0.06 Beat By $0.10
Consensus EPS
(May. 9)
-$0.04
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ARRY 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.

ARRY 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.

Array Technologies Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$0.16$0.17$0.17 
Q2 20242$0.16$0.33$0.25 
Q3 20243$0.29$0.40$0.36 
Q4 20242$0.29$0.33$0.31 
FY 20249$0.90$1.23$1.08 
Q1 20251$0.30$0.30$0.30 
Q2 20251$0.38$0.38$0.38 
Q3 20251$0.49$0.49$0.49 
Q4 20251$0.47$0.47$0.47 
FY 20254$1.64$1.64 $1.64

ARRY Earnings Date and Information

Array Technologies last released its quarterly earnings data on May 9th, 2024. The solar tracking solution reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.10. The firm had revenue of $153.40 million for the quarter, compared to analyst estimates of $141.24 million. Its revenue for the quarter was down 59.3% compared to the same quarter last year. Array Technologies has generated $0.38 earnings per share over the last year ($0.38 diluted earnings per share) and currently has a price-to-earnings ratio of 28.5. Earnings for Array Technologies are expected to grow by 21.57% in the coming year, from $1.02 to $1.24 per share. Array Technologies has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 13th, 2024 based off prior year's report dates.

Array Technologies Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/13/2024
Estimated)
------- 
5/9/2024Q1 2024($0.0410)$0.06+$0.1010$0.15$141.24 million$153.40 million    
2/27/2024Q4 2023$0.09$0.19+$0.10$0.34$319.30 million$341.62 million
11/7/2023Q3 2023$0.09$0.19+$0.10$0.31$370.27 million$350.44 million
8/8/2023Q2 2023$0.17$0.41+$0.24$0.48$445.84 million$507.73 million
5/9/2023Q1 2023$0.01$0.23+$0.22$0.37$322.43 million$376.77 million
3/21/2023Q4 2022$0.08$0.09+$0.01$0.29$363.33 million$402.07 million  
11/8/2022Q3 2022$0.10$0.16+$0.06$0.13$399.15 million$515.02 million
8/9/2022Q2 2022$0.02$0.06+$0.04$0.22$336.93 million$424.93 million    
5/10/2022Q1 2022($0.09)($0.05)+$0.04$0.13$277.84 million$300.59 million
4/5/2022Q4 2021-($0.07)($0.07)$0.11$213.19 million$219.88 million    
11/10/2021Q3 2021($0.05)($0.07)($0.02)$0.08$202.14 million$192.07 million    
8/10/2021Q2 2021$0.02$0.07+$0.05$0.08$220.42 million$202.80 million    

Array Technologies Earnings - Frequently Asked Questions

When is Array Technologies's earnings date?

Array Technologies has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 13th, 2024 based off last year's report dates. Learn more on ARRY's earnings history.

Did Array Technologies beat their earnings estimates last quarter?

In the previous quarter, Array Technologies (NASDAQ:ARRY) reported $0.06 earnings per share (EPS) to beat the analysts' consensus estimate of ($0.04) by $0.10. Learn more on analysts' earnings estimate vs. ARRY's actual earnings.

How can I listen to Array Technologies's earnings conference call?

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

How can I read Array Technologies's conference call transcript?

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

How much revenue does Array Technologies generate each year?

Array Technologies (NASDAQ:ARRY) has a recorded annual revenue of $1.58 billion.

How much profit does Array Technologies generate each year?

Array Technologies (NASDAQ:ARRY) has a recorded net income of $137.24 million. ARRY has generated $0.38 earnings per share over the last four quarters.

What is Array Technologies's price-to-earnings ratio?

Array Technologies (NASDAQ:ARRY) has a trailing price-to-earnings ratio of 28.47 and a forward price-to-earnings ratio of 10.61. The price/earnings-to-growth ratio is 0.69.

What is Array Technologies's EPS forecast for next year?

Array Technologies's earnings are expected to grow from $1.02 per share to $1.24 per share in the next year, which is a 21.57% increase.


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This page (NASDAQ:ARRY) was last updated on 5/20/2024 by MarketBeat.com Staff

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