A Preview Of Enphase Energy's Earnings
Portfolio Pulse from Benzinga Insights
Enphase Energy is set to release its quarterly earnings on October 22, 2024, with analysts expecting an EPS of $0.77. The company's past performance shows mixed results, with a recent miss leading to a share price increase. Analysts have a Neutral consensus on Enphase, with a price target suggesting a 22.8% upside. Despite challenges in revenue growth and profitability, Enphase ranks well in gross profit and return on equity among peers.
October 21, 2024 | 2:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Enphase Energy is expected to report an EPS of $0.77. The market is optimistic about surpassing estimates and positive guidance. Past earnings misses have led to share price increases, and analysts have a Neutral rating with a 22.8% upside potential.
The upcoming earnings report is crucial for Enphase Energy, with expectations of $0.77 EPS. The market's optimism for surpassing estimates and positive guidance could drive the stock price up. Past performance shows that even when missing EPS, the stock price increased, indicating strong investor sentiment. The Neutral analyst rating and a 22.8% upside potential further suggest a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100