Enphase Energy Earnings Preview
Portfolio Pulse from Benzinga Insights
Enphase Energy (NASDAQ:ENPH) is set to release its quarterly earnings report on July 27, 2023. Analysts estimate an EPS of $1.25. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $179.47 as of July 25, with a 37.17% decrease over the last 52-week period.
July 26, 2023 | 2:03 pm
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Enphase Energy's upcoming earnings report could potentially impact its stock price. Past performance shows a trend of share price drops following earnings beats.
Enphase Energy's stock price has historically dropped following earnings beats. Given that the company is expected to report an EPS of $1.25, if it beats this estimate, it could potentially lead to a drop in the stock price based on past trends.
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