Withi
Within the newest buying and selling session, Enphase Power (ENPH) closed at $32.86, marking a -0.48% transfer from the day past. This transfer lagged the S&P 500’s each day achieve of 9.28%. On the identical time, the Dow added 9.36%, and the tech-heavy Nasdaq gained 9.34%.
Previous to right now’s buying and selling, shares of the photo voltaic know-how firm had misplaced 20.13% over the previous month. This has was narrower than the Oils-Power sector’s lack of 44.89% and the S&P 500’s lack of 26.56% in that point.
ENPH can be seeking to show power because it nears its subsequent earnings launch. On that day, ENPH is projected to report earnings of $0.32 per share, which might symbolize year-over-year development of 300%. Our most up-to-date consensus estimate is looking for quarterly income of $205.70 million, up 105.39% from the year-ago interval.
ENPH’s full-year Zacks Consensus Estimates are calling for earnings of $1.27 per share and income of $881.60 million. These outcomes would symbolize year-over-year modifications of +33.68% and +41.21%, respectively.
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