Array Technologies Inc expected to post earnings of 12 cents a share - Earnings Preview
Array Technologies Inc expected to post earnings of 12 cents a share - Earnings Preview
Array Technologies Inc ARRY.OQ ARRY.O is expected to show a fall in quarterly revenue when it reports results on August 5 for the period ending June 30 2026
The Albuquerque New Mexico-based company is expected to report a 13.6% decrease in revenue to $313.005 million from $362.24 million a year ago, according to the mean estimate from 19 analysts, based on LSEG data.The company's guidance on May 6 2026, for the period ended June 30, was for revenue between $300.00 million and $320.00 million. (SAL is on Total Revenue Basis)
LSEG's mean analyst estimate for Array Technologies Inc is for earnings of 12 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 12 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Array Technologies Inc is $10.00, about 76.2% above its last closing price of $5.68
The company's guidance on May 6 2026 for the period ended June 30 was for gross profit margin of USD27%.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Mar. 31 2026 | -0.05 | -0.05 | 0.06 | Beat | 211.8 |
Dec. 31 2026 | -0.01 | -0.01 | -0.01 | Met | -13.9 |
Sep. 30 2025 | 0.20 | 0.20 | 0.30 | Beat | 48.6 |
Jun. 30 2025 | 0.20 | 0.20 | 0.25 | Beat | 27.5 |
Mar. 31 2025 | 0.10 | 0.09 | 0.13 | Beat | 45.3 |
Dec. 31 2024 | 0.17 | 0.17 | 0.16 | Missed | -7.5 |
Sep. 30 2024 | 0.15 | 0.14 | 0.17 | Beat | 23.5 |
Jun. 30 2024 | 0.12 | 0.11 | 0.20 | Beat | 80.3 |
This summary was machine generated August 3 at 22:40 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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