FTC Solar (NASDAQ:FTCI) will release its quarterly earnings report on Tuesday, 2024-11-12. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate FTC Solar to report an earnings per share (EPS) of $-0.07.
Investors in FTC Solar are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Overview of Past Earnings
The company's EPS missed by $0.00 in the last quarter, leading to a 3.16% drop in the share price on the following day.
Here's a look at FTC Solar's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.09 | -0.09 | -0.07 | -0.07 |
| EPS Actual | -0.09 | -0.09 | -0.08 | -0.08 |
| Price Change % | -3.0% | -15.0% | -6.0% | 6.0% |
Stock Performance
Shares of FTC Solar were trading at $0.4871 as of November 08. Over the last 52-week period, shares are down 3.3%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for FTC Solar visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
