Array Technologies Inc reports results for the quarter ended June 30 - Earnings Summary

Array Technologies

06/08/2026 01:24

Array Technologies Inc ARRY.OQ reported quarterly adjusted earnings of 24 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 25 cents.  The mean expectation of twenty analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 2 cents to 16 cents per share.
Revenue fell 5.6% to $342.07 million from a year ago; analysts expected $313.00 million. 
Array Technologies Inc's reported EPS for the quarter was 5 cents​.
The company reported quarterly net income of $8.44 million.
Array Technologies Inc shares had fallen by 18.9% this quarter and lost 34.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 22.8% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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 average consensus recommendation for the renewable energy equipment & services peer group is also "buy" 
Wall Street's median 12-month price target for Array Technologies Inc is $10.00, about 43.6% above its last closing price of $5.64
This summary was machine generated from LSEG data August 6 at 12:24 a.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.12
0.24
Beat
Mar. 31 2026 
-0.05
0.06
Beat
Dec. 31 2025 
-0.01
-0.01
Met
Sep. 30 2025 
0.20
0.30
Beat