Enphase Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Enphase Energy Inc reports results for the quarter ended June 30 - Earnings Summary
Enphase Energy Inc ENPH.OQ reported quarterly adjusted earnings of 46 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of twenty six analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 39 cents to 54 cents per share.
Revenue fell 19.6% to $291.85 million from a year ago; analysts expected $289.94 million.
Enphase Energy Inc's reported EPS for the quarter was 27 cents.
The company reported quarterly net income of $36.08 million.
Enphase Energy Inc shares had fallen by 22.8% this quarter and gained 18.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 4.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 11 "strong buy" or "buy," 20 "hold" and 4 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is "buy."
Wall Street's median 12-month price target for Enphase Energy Inc is $48.00, about 24.3% above its last closing price of $36.32
This summary was machine generated from LSEG data July 29 at 12:09 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.46 | 0.46 | Met |
Mar. 31 2026 | 0.41 | 0.47 | Beat |
Dec. 31 2025 | 0.58 | 0.71 | Beat |
Sep. 30 2025 | 0.65 | 0.90 | Beat |