Solaredge Technologies Inc reports results for the quarter ended March 31 - Earnings Summary

Solaredge Technologies

06/05/2025 14:32

Solaredge Technologies Inc SEDG.OQ reported a quarterly adjusted loss of $1.14​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-1.90.  The mean expectation of twenty nine analysts for the quarter was for a loss of $1.16 per share. Wall Street expected results to range from $-1.59 to -74 cents per share.

Revenue rose 7.4% to $219.48 million from a year ago; analysts expected $203.66 million.

Solaredge Technologies Inc's reported EPS for the quarter was a loss of $1.70​.

The company reported a quarterly loss of $98.52 million.

Solaredge Technologies Inc shares had fallen by 20.1% this quarter and lost 5.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 21 "hold" and 10 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "hold"

Wall Street's median 12-month price target for Solaredge Technologies Inc is $14.50

This summary was machine generated from LSEG data May 6 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
Mar. 31 2025
-1.16
-1.14
Beat
Dec. 31 2024
-1.65
-3.52
Missed
Sep. 30 2024
-1.63
-15.33
Missed
Jun. 30 2024
-1.58
-1.79
Missed