Get ready to discover the eagerly anticipated third quarter financial results of Enphase Energy (NASDAQ: ENPH) on Tuesday 22nd October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Wall Street financial analysts are foreseeing that the firm is likely to announce an estimated per share $0.77 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $391.98 million during the quarter.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $1.39 billion. They also predict that throughout the course of the fiscal year, the business will make about profit of $2.46 per share.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $1.02. Notably, the company's total revenue reached an impressive $551.08 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.43 | -70.7% | 303.46 M | -57.3% |
| Q1 2024 | $0.35 | -74.5% | 263.34 M | -63.7% |
| Q4 2023 | $0.54 | -64.2% | 302.57 M | -58.2% |
| Q3 2023 | $1.02 | -18.4% | 551.08 M | -13.2% |
| Q2 2023 | $1.47 | +37.4% | 711.12 M | +34.1% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 22nd October 2024 at 04:30 PM eastern time, in a conference call with public.
During Friday's trading, Enphase Energy (ENPH) shares reached a low of $90.83 and a high of $92.53, along with a total volume of 2.82 million shares. The stock ended the regular trading session at $91.64, reflecting a rise of 0.08 percent.
