Emeren (SOL) Q4 Earnings Miss Estimates, Revenues Beat
SOLEmeren(SOL) Zacks Investment Research·2024-04-03 22:16

Emeren Group Ltd’s (SOL) share price surged 22.3% to reach $2.36 on Apr 2, following the company’s latest quarterly release.The company reported a loss per American Depositary Share (ADS) of 15 cents for the fourth quarter of 2023, which came in wider than the Zacks Consensus Estimate of a loss of 9 cents. The figure also indicates a deterioration from the year-ago quarter’s reported loss of 3 cents per ADS.For 2023, the company reported a loss of 16 cents per ADS, indicating a deterioration from a loss of ...