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

Shoals Technologies

04/08/2026 14:32

Shoals Technologies Group Inc SHLS.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 10 cents.  The mean expectation of sixteen analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 5 cents to 12 cents per share.
Revenue rose 47.4% to $163.37 million from a year ago; analysts expected $160.58 million. 
Shoals Technologies Group Inc's reported EPS for the quarter was 7 cents​.
The company reported quarterly net income of $12.14 million.
Shoals Technologies Group Inc shares had fallen by 5.4% this quarter and gained 10.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.2% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy" 
Wall Street's median 12-month price target for Shoals Technologies Group Inc is $12.00, about 21.9% above its last closing price of $9.37
This summary was machine generated from LSEG data August 4 at 01:31 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
Jun. 30 2026 
0.10
0.12
Beat
Mar. 31 2026 
0.06
0.07
Beat
Dec. 31 2025 
0.14
0.10
Missed
Sep. 30 2025 
0.13
0.12
Missed