* FTC Solar Inc is expected to show a fall in quarterly revenue when it reports results on November 6 (estimated) for the period ending September 30 2024
* The Austin Texas-based company is expected to report a 67.6% decrease in revenue to $9.895 million from $30.55 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
* LSEG's mean analyst estimate for FTC Solar Inc is for a loss of 9 cents per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for FTC Solar Inc is $0.70, above its last closing price of $0.56.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -0.09 -0.09 -0.09 Met -3.7
Jan. 1 2024 -0.09 -0.09 -0.09 Met -3.8
Jan. 1 0001 -0.07 -0.07 -0.08 Missed -9.1
Sep. 30 2023 -0.06 -0.07 -0.08 Missed -20
Jun. -0.05 -0.04 -0.06 Missed -34.2
30 2023
Mar. 31 2023 -0.09 -0.09 -0.07 Beat 22.2
Jan. 1 0001 -0.11 -0.11 -0.11 Met -0.5
Sep. 30 2022 -0.18 -0.18 -0.17 Beat 3.9
This summary was machine generated November 4 at 15:38 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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