Enphase Sees Q4 Revenues $300M-$350M vs $601.24M st.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy Inc. has projected its Q4 revenues to be between $300M and $350M, which is significantly lower than the street estimate of $601.24M.
October 26, 2023 | 8:09 pm
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NEGATIVE IMPACT
Enphase Energy's projected Q4 revenues are significantly lower than the street estimate, which could negatively impact its stock price.
Enphase Energy's projected Q4 revenues are significantly lower than the street estimate. This could lead to a negative sentiment among investors, potentially causing a drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100