Enphase Energy Q3 Adj. EPS $1.02 vs $1.03 Est., Revenue $551.1M vs $566.02M Est.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy's Q3 adjusted EPS was $1.02, slightly below the estimated $1.03. The company's revenue was $551.1M, also falling short of the estimated $566.02M.
October 26, 2023 | 8:08 pm
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NEGATIVE IMPACT
Enphase Energy's Q3 earnings and revenue missed estimates, which could negatively impact the company's stock in the short term.
Enphase Energy's Q3 earnings and revenue fell short of estimates. This underperformance could lead to a decrease in the company's stock price as it indicates that the company may not be performing as well as expected.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100