SolarEdge Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
SolarEdge Technologies, Inc. reports results for the quarter ended June 30 - Earnings Summary
SolarEdge Technologies, Inc. SEDG.OQ reported quarterly adjusted earnings of 5 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -81 cents. The mean expectation of twenty three analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -31 cents to 21 cents per share.
Revenue rose 19.6% to $346.25 million from a year ago; analysts expected $340.95 million.
SolarEdge Technologies, Inc.'s reported EPS for the quarter was a loss of 50 cents.
The company reported a quarterly loss of $30.75 million.
SolarEdge Technologies, Inc. shares had fallen by 16.6% this quarter and gained 69.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 96.6% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 21 "hold" and 6 "sell" or "strong sell."
Wall Street's median 12-month price target for SolarEdge Technologies, Inc. is $39.00, about 25% below its last closing price of $48.76
This summary was machine generated from LSEG data August 5 at 01:32 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 | 0.00 | 0.05 | Beat |
Mar. 31 2026 | -0.28 | -0.43 | Missed |
Dec. 31 2025 | -0.26 | -0.14 | Beat |
Sep. 30 2025 | -0.38 | -0.31 | Beat |
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