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SolarEdge Technologies (DE:2ED)
FRANKFURT:2ED
RESEARCH TOOLSreports
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Earnings Data
Report Date
Feb 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-1.49Last Year’s EPS
-0.89Same Quarter Last Year
Based on 22 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: -1.57%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Negative
The earnings call reflected significant challenges with major inventory write-downs, declines in European markets, and projected revenue decreases. Despite some positive developments like U.S. market growth and improved free cash flow, the negative aspects, including large operating losses and impairments, outweigh the positives.Company Guidance
During the SolarEdge earnings call for Q3 2024, the company provided guidance for the upcoming quarter and detailed various metrics affecting their financial outlook. SolarEdge is expecting Q4 2024 revenues to be between $180 million and $200 million, with non-GAAP gross margins ranging from negative 4% to 0%, reflecting net benefits from the Inflation Reduction Act (IRA). The solar segment is anticipated to generate $170 million to $190 million in revenue, with gross margins between 0% and 3%. The company aims for non-GAAP operating expenses to be between $103 million and $108 million, and it projects Q4 free cash flow to range from negative $20 million to neutral. The company also highlighted its focus on achieving financial stability through cash flow generation, improving operational efficiencies, and making strategic price reductions, especially in the European market, to regain market share. Additionally, SolarEdge plans to return to positive cash generation by the first half of 2025, driven by consumption of existing inventory and sale of IRA credits.U.S. Market Growth
Sell-through in the U.S. residential space grew 8% quarter-over-quarter and U.S. Commercial segment sell-through was up 15%, highlighting competitive advantages in rooftop C&I through product scalability.
Free Cash Flow Improvement
Free cash use was approximately $75 million, down significantly from $140 million used in the second quarter, indicating improved operational efficiency.
First Sale of 45x Credits
Successfully sold 45x manufacturing credits for approximately $40 million, enhancing cash position.
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DE:2ED Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:2ED Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | €14.12 | €13.80 | -2.28% |
| Aug 07, 2024 | €21.50 | €20.70 | -3.70% |
| May 08, 2024 | €53.60 | €49.82 | -7.05% |
| Feb 20, 2024 | €76.60 | €69.00 | -9.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SolarEdge Technologies (DE:2ED) report earnings?
SolarEdge Technologies (DE:2ED) is schdueled to report earning on Feb 19, 2025, TBA Not Confirmed.
What is SolarEdge Technologies (DE:2ED) earnings time?
SolarEdge Technologies (DE:2ED) earnings time is at Feb 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of SolarEdge Technologies stock?
The P/E ratio of SolarEdge Technologies is N/A.
What is DE:2ED EPS forecast?
DE:2ED EPS forecast for the fiscal quarter 2024 (Q4) is -1.49.
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