Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - Emeren DRC (NYSE: SOL) reported first quarter EPS of $0.080, in line with the analyst estimate of $0.080. Revenue for the quarter came in at $40.8M versus the consensus estimate of $46.59M.
Guidance
Emeren DRC sees FY 2023 revenue of $140.000M-$160.000M versus the analyst consensus of $146.000M.
Emeren DRC's stock price closed at $4.180. It is down -7.520% in the last 3 months and down -31.140% in the last 12 months.
Emeren DRC saw 1 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Emeren DRC's stock price’s past reactions to earnings here.
According to InvestingPro, Emeren DRC's Financial Health score is "fair performance".
Check out Emeren DRC's recent earnings performance, and Emeren DRC's financials here.
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