Enphase Energy, Inc. reports results for the quarter ended September 30 - Earnings Summary
Enphase Energy, Inc. reports results for the quarter ended September 30 - Earnings Summary
Enphase Energy, Inc. ENPH.OQ reported quarterly adjusted earnings of 41 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of twenty three analysts for the quarter was for earnings of 51 cents per share. Wall Street expected results to range from 35 cents to 59 cents per share.
Revenue fell 28.5% to $293.33 million from a year ago; analysts expected $304.13 million.
Enphase Energy, Inc.'s reported EPS for the quarter was 17 cents.
The company reported quarterly net income of $23.39 million.
Enphase Energy, Inc. shares had fallen by 8.0% this quarter and lost 5.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 12 "strong buy" or "buy," 18 "hold" and 3 "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 $41.00, about 26% above its last closing price of $30.36
This summary was machine generated from LSEG data October 27 at 09:00 p.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 |
Sep. 30 2026 | 0.51 | 0.41 | 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 |