News Formal

Array Technologies' Guidance Shows More Pain for Solar Stocks

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Shares of the solar tracking solutions company are on pace for their worst day in more than two years.

Array Technologies stock cratered Wednesday as the company’s weaker-than-expected outlook reflected the solar energy industry’s continued challenges.

Array said Tuesday evening it expects full-year revenue between $1.525 billion and $1.575 billion, below the Wall Street estimate for $1.622 billion, according to FactSet. The broader solar industry has been having a tough time lately, largely thanks to high interest rates, which have made it more challenging for consumers to finance solar installations. This year, Array shares have fallen 26%—including Wednesday’s drop—while First Solar is off 8.4%, and SunRun has fallen 58%.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Rivian, Robinhood, Upstart, Toast, Array, Kyndryl, Sleep Number, and More Market MoversRivian raises production guidance, Robinhood's third-quarter revenue misses analysts' expectations, and Upstart posts a wider-than-expected quarterly loss.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Stocks making the biggest moves after hours: eBay, Extra Space Storage, Akamai Technologies and moreSee which stocks are posting big moves after the bell.
ソース: CNBC - 🏆 12. / 72 続きを読む »