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Shoals Technologies and Palantir beat expectations in Q1 earnings, while Avantax falls short

  • May 08th, 2023
  • 402 views

Shoals Technologies Group, Inc. (Nasdaq: SHLS) reported better-than-expected Q1 earnings with an EPS of $0.14, beating the consensus estimate of $0.10. In after-hours trading, SHLS is up $2.28 (+11.56%) and is currently trading at $22.00.

Palantir Technologies Inc. (NYSE: PLTR) also reported strong Q1 earnings, with an EPS of $0.05 versus the consensus estimate of $0.04. As a result, in after-hours trading, PLTR is up $1.68 (+21.71%) and is currently trading at $9.42.

However, Avantax, Inc. (Nasdaq: AVTA) fell short of expectations, reporting an EPS of $0.04 for Q1, below the consensus estimate of $0.18. As a result, in after-hours trading, AVTA is down $1.50 (-6.20%) and is currently trading at $22.68.

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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