Enphase Energy shares are trading higher despite worse-than-expected Q2 earnings and guidance with a midpoint below estimates.
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy shares are trading higher despite reporting worse-than-expected Q2 earnings and guidance with a midpoint below estimates.
July 23, 2024 | 8:17 pm
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Enphase Energy shares are trading higher despite reporting worse-than-expected Q2 earnings and guidance with a midpoint below estimates.
Despite the negative earnings report and lower guidance, the stock price is trading higher, indicating that investors may have anticipated worse results or are optimistic about the company's future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100