Enphase Energy Q4 Adj EPS $0.54 Misses $0.55 Estimate, Sales $302.57M Miss $328.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy (ENPH) reported Q4 adjusted earnings of $0.54 per share, missing the consensus estimate of $0.55, and sales of $302.57M, below the expected $328.25M. This represents a significant decrease from the previous year's earnings of $1.51 per share and sales of $724.65M.
February 06, 2024 | 9:06 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Enphase Energy's Q4 earnings and sales missed estimates, with a significant decrease compared to last year's figures.
Missing both earnings and sales estimates, especially with such a significant year-over-year decline, is likely to negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100