Array Technologies Sees FY22 Revenues Above Estimates

RTTNews | 859 days ago
Stocktwits
Array Technologies Sees FY22 Revenues Above Estimates

(RTTNews) - While reporting preliminary unaudited financial results for the full-year 2023 on Thursday, Array Technologies (ARRY) now sees a loss in a range of $0.27 to $0.28 per share and adjusted earnings in a range of $0.34 to $0.37 per share on revenues between $1.62 billion and $1.64 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.35 per share on revenues of $1.57 billion for the year. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects adjusted earnings in a range of $0.75 to $0.85 per share on revenues between $1.80 billion and $1.95 billion. The Street is looking for earnings of $0.95 per share on revenues of $1.90 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: ARRY
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UK Stocks Turning In Mixed Performance In Cautious Trade

UK Stocks Turning In Mixed Performance In Cautious Trade

U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
RTTNews | 7h 57min ago
CAC 40 Slightly Lower In Lackluster Trade

CAC 40 Slightly Lower In Lackluster Trade

French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
RTTNews | 8h 43min ago
Australia Central Bank Unexpectedly Maintains Status Quo

Australia Central Bank Unexpectedly Maintains Status Quo

The Reserve Bank of Australia adopted a wait-and-see approach on Tuesday, defying expectations for a quarter-point rate cut but confirmed that an easing cycle is coming. The policy board, governed by Michele Bullock, decided to hold the cash rate target at 3.85 percent. A majority of six members voted to hold the rate, while three members sought a change from 3.85 percent.
RTTNews | 8h 55min ago
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