Shoals Technologies Group (SHLS) Lags Q1 Earnings Estimates

Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of$ 0.04 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25%. A quarter ago, it was expected that this solar energy equipment supplier would post earnings of$ 0.09 per share when it actually produced earnings of $0.08, delivering a surprise of -11.11%.Over the ...