Emeren Group Ltd reports results for the quarter ended December 31 - Earnings Summary

Emeren

13/03/2025 21:02

Emeren Group Ltd SOL.N reported a quarterly adjusted loss of 23 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of -15 cents.  The mean expectation of two analysts for the quarter was for earnings of 8 cents per share.

Revenue fell 21.5% to $34.55 million from a year ago; analysts expected $40.13 million.

Emeren Group Ltd's reported EPS for the quarter was a loss of 23 cents​.

The company reported a quarterly loss of $11.79 million.

Emeren Group Ltd shares had fallen by 31.5% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4.3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the construction & engineering peer group is also "buy"

Wall Street's median 12-month price target for Emeren Group Ltd is $5.00

This summary was machine generated from LSEG data March 13 at 09:01 p.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
Dec. 31 2024
0.08
-0.23
Missed
Sep. 30 2024
0.09
0.09
Met
Jun. 30 2024
0.07
0.01
Missed
Mar. 31 2024
-0.03
-0.08
Missed