Enphase Energy Q3 2024 Adj. EPS $0.65 Misses $0.77 Estimate, Sales $380.900M Miss $391.979M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enphase Energy reported its Q3 2024 financial results, with adjusted EPS of $0.65, missing the estimate of $0.77. Sales were $380.9 million, also below the expected $391.979 million.
October 22, 2024 | 8:05 pm
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Enphase Energy's Q3 2024 earnings report showed a miss on both EPS and sales estimates, which could negatively impact the stock price in the short term.
The company's earnings per share and sales figures both fell short of analyst expectations, which typically results in negative investor sentiment and potential short-term stock price decline.
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