FTC Solar Inc expected to post a loss of 86 cents a share - Earnings Preview

FTC Solar

28/03/2025 12:59

FTC Solar Inc FTCI.OQ FTCI.O is expected to show a fall in quarterly revenue when it reports  results on March 31 for the period ending December 31 2024

The Austin Texas-based  company is expected to report a 50.0% decrease in revenue to $11.61 million from $23.2 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

‚ÄčLSEG's mean analyst estimate for FTC Solar Inc is for a loss of 86 cents per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ‚Äč

Wall Street's median 12-month price target for FTC Solar Inc is $4.50‚Äč, above‚Äč its last closing price of $2.54. ‚Äč‚Äč‚Äč

Previous quarterly performance (using preferred earnings measure in US dollars). ‚Äč

QUARTER ENDING
STARMINESMARTESTIMATE¬ģ
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.90
-0.85
-1.00
Missed
-17.3
Jun. 30 2024
-0.91
-0.87
-0.90
Missed
-3.7
Mar. 31 2024
-0.87
-0.87
-0.90
Missed
-3.8‚Äč
Dec. 31 2023
-0.70
-0.73
-0.80
Missed
-9.1
‚Äč‚ÄčSep. 30 2023
-0.64
-0.67
-0.80
Missed
-20
Jun. 30 2023
-0.49
-0.45
-0.60
Missed
-34.2‚Äč
Mar. 31 2023
-0.88
-0.90
-0.70
Beat
22.2
Dec. 31 2022
-1.14
-1.09
-1.10
Missed
-0.5

This summary was machine generated March 28 at 12:59 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)