Emeren Group Ltd

SOL

US75971T3014

Construction & Engineering

Market Closed - Nyse Other stock markets 16:00:02 2024-06-25 EDT			5-day change	1st Jan Change
1.49 ^USD	+0.68%		-3.25%	-45.42%

06-12	Asian Equities Traded in the US as American Depositary Receipts Surge Higher in Wednesday Trading	MT
06-03	Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	MT

Emeren Group Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024

May 22, 2024

Emeren Group Ltd reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 14.79 million compared to USD 12.88 million a year ago. Net loss was USD 4.4 million compared to USD 0.194 million a year ago.

Basic loss per share from continuing operations was USD 0.8. Diluted loss per share from continuing operations was USD 0.8.

Latest news about Emeren Group Ltd

Asian Equities Traded in the US as American Depositary Receipts Surge Higher in Wednesday Trading	06-12	MT
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	06-03	MT
Tranche Update on Emeren Group Ltd's Equity Buyback Plan announced on February 13, 2024.	05-28	CI
Tranche Update on Emeren Group Ltd's Equity Buyback Plan announced on December 6, 2021.	05-28	CI
Asian Equities Traded in the US as American Depositary Receipts Open Week Slightly Lower in Tuesday Trading	05-28	MT
Asian Equities Traded in the US as American Depositary Receipts Trend Higher in Friday Trading, End Week Lower	05-24	MT
Transcript : Emeren Group Ltd, Q1 2024 Earnings Call, May 23, 2024	05-23
Emeren Group Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	05-22	CI
Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading	05-22	MT
Asian Equities Traded in the US as American Depositary Receipts Rise Sharply in Friday Trading, End Week Over 2% Higher	05-03	MT
Emeren Group, Nuveen Infrastructure Finalize Battery Storage Portfolio in Italy	04-23	MT
Emeren Group Ltd and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy with 2.83 GWh Capacity	04-23	CI
Emeren Group Receives Non-Compliance Notice of Late Filing From NYSE	04-19	MT
Solar, Telecoms Stocks Pull Asian Equities Traded in the US as American Depositary Receipts Lower on Wednesday	04-10	MT
Financial, Tech Stocks Lead Asian Equities Traded in the US as American Depositary Receipts Higher in Thursday Trading	04-04	MT
ADRs End Higher, Aesthetic Medical International Holdings Group Ltd. Climbs 35.5%	04-03	DJ
Asian Equities Traded in the US as American Depositary Receipts Rebound in Early Wednesday Trading	04-03	MT
ADRs End Higher; Connect Biopharma Climbs 26%	04-01	DJ
Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading	04-01	MT
Emeren Group Ltd Provides Earnings Guidance for the Year 2024	03-29	CI
Emeren Group Ltd. Records Impairment Charges for the Quarter Ended December 31, 2023	03-29	CI
Emeren Group Ltd Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	03-29	CI
Transcript : Emeren Group Ltd, Q4 2023 Earnings Call, Mar 28, 2024	03-28
Asian Equities Traded in the US as American Depositary Receipts Flat in Tuesday Trading	03-26	MT
Asian Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading	03-21	MT

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Company Profile

Emeren Group Ltd (Emeren) is a global solar project developer, owner, and operator with a pipeline of projects and independent power producer (IPP) assets totaling over three gigawatts (GW), as well as a storage pipeline of over 10 Gigawatt hours (GWh) across Europe, North America, and Asia. The Company focuses on solar power project development, construction management and project financing services with local professional teams across multiple countries. Emeren North America develops utility and community scale solar, solar plus storage, and stand-alone storage projects. In China, Emeren is focused on project development, construction, and operations of distributed solar power generation and energy storage facilities. Its European market is focused on developing medium and large-scale ground-mounted photovoltaic (PV) plants. The Company also operates a 10.76 megawatt-hour (MWh) portfolio comprising six energy storage power stations, located in Zhejiang Province.

Sector

Construction & Engineering

Calendar

2024-08-28 - Q2 2024 Earnings Release (Projected)

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Ratings for Emeren Group Ltd

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.49 USD

Average target price

4.875 USD

Spread / Average Target

+227.18%

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Sector Electric Construction

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Electric Construction

Emeren Group Ltd

Equities

SOL

US75971T3014

Construction & Engineering

Emeren Group Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024

EPS Revisions