Recap: Emeren Group Q3 Earnings

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.

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.

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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