ARRY · PEAD ↓ 80

Array Technologies reported Q2 2026 EPS of $0.22 on 2026-08-05, beating the $0.07 consensus by $0.15 (+214.3%).

Print-day reaction was −6.2% versus the prior close, a notable fade despite the substantial EPS beat — the market evidently had more embedded in the price than the consensus implied. The overnight gap told a different story, with the stock jumping +11.0% from the T+0 close to the T+1 open, briefly suggesting a re-rating. Over the following trading days (T+1 through T+3), however, the price drifted +1.3%, insufficient to recover the print-day loss and leaving the cumulative move deeply negative. Cumulative abnormal return of −11.7% versus SPY.US firmly places this in PEAD short territory; per the documented drift pattern, the read is held through 2026-11-02.