Array Technologies Earnings Estimate

ARRY Stock  USD 6.74  0.15  2.28%   
The next projected EPS of Array Technologies is estimated to be 0.152625 with future projections ranging from a low of 0.1425 to a high of 0.17. Array Technologies' most recent 12-month trailing earnings per share (EPS TTM) is at -0.98. Please be aware that the consensus of earnings estimates for Array Technologies is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Array Technologies is projected to generate 0.152625 in earnings per share on the 31st of December 2024. Array Technologies earnings estimates show analyst consensus about projected Array Technologies EPS (Earning Per Share). It derives the highest and the lowest estimates based on Array Technologies' historical volatility. Many public companies, such as Array Technologies, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Array Technologies Revenue Breakdown by Earning Segment

By analyzing Array Technologies' earnings estimates, investors can diagnose different trends across Array Technologies' analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Array Technologies' Pretax Profit Margin is fairly stable compared to the past year. Operating Profit Margin is likely to rise to 0.13 in 2025, whereas Gross Profit is likely to drop slightly above 355.3 M in 2025.
  
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Array Technologies Earnings Estimation Breakdown

The calculation of Array Technologies' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Array Technologies is estimated to be 0.152625 with the future projection ranging from a low of 0.1425 to a high of 0.17. Please be aware that this consensus of annual earnings estimates for Array Technologies is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.17
0.14
Lowest
Expected EPS
0.152625
0.17
Highest

Array Technologies Earnings Projection Consensus

Suppose the current estimates of Array Technologies' value are higher than the current market price of the Array Technologies stock. In this case, investors may conclude that Array Technologies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Array Technologies' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
2730.51%
0.17
0.152625
-0.98

Array Technologies Earnings per Share Projection vs Actual

Actual Earning per Share of Array Technologies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Array Technologies predict the company's earnings will be in the future. The higher the earnings per share of Array Technologies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Array Technologies Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Array Technologies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Array Technologies should always be considered in relation to other companies to make a more educated investment decision.

Array Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Array Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-11-07
2024-09-300.140.170.0321 
2024-08-08
2024-06-300.110.20.0981 
2024-05-09
2024-03-31-0.030.060.09300 
2024-02-27
2023-12-310.110.210.190 
2023-11-07
2023-09-300.120.210.0975 
2023-08-08
2023-06-300.180.470.29161 
2023-05-09
2023-03-310.030.250.22733 
2023-03-21
2022-12-310.080.10.0225 
2022-11-08
2022-09-300.10.180.0880 
2022-08-09
2022-06-300.030.090.06200 
2022-05-10
2022-03-31-0.06-0.020.0466 
2021-12-31
2021-12-31-0.03-0.06-0.03100 
2021-11-11
2021-09-30-0.05-0.07-0.0240 
2021-08-11
2021-06-300.010.070.06600 
2021-05-11
2021-03-310.20.19-0.01
2021-03-09
2020-12-310.060.080.0233 
2020-11-05
2020-09-300.07080.07-8.0E-4
2020-09-02
2020-06-3000.00980.0098
2019-09-30
2019-06-3000.15160.1516

About Array Technologies Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Array Technologies earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Array Technologies estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Array Technologies fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings-149.8 M-157.3 M
Retained Earnings Total Equity-240.7 M-252.8 M
Earnings Yield 0.05  0.05 
Price Earnings Ratio 16.63  15.80 
Price Earnings To Growth Ratio 0.01  0.01 

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Additional Tools for Array Stock Analysis

When running Array Technologies' price analysis, check to measure Array Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.