Enphase Energy (ENPH) came out with quarterly earnings of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.51 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this solar technology company would post earnings of $1.02 per share when it actually produced earnings of $1.02, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Enphase Energy, which be ...

Enphase Energy Inc. shares jumped more than 14% in the extended session Tuesday after the alternative-energy company presented investors with a mixed quarter, but one that soothed more immediate concerns about the ailing sector. Enphase ENPH, +2.77% earned $21 million, or 15 cents a share, in the fourth quarter of 2023, compared with $154 million, or $1.06 a share, in the year-ago quarter. Adjusted for one-time items, the company earned 54 cents a share. Revenue dropped 58% to $302.6 million, from $724 ...

Enphase Energy, Inc. (ENPH) is scheduled to report fourth-quarter and full-year 2023 results on Feb 6, after the closing bell.In the last reported quarter, the company’s earnings came in line with the Zacks Consensus Estimate. Enphase Energy has a trailing four-quarter average earnings surprise of 11.97%.Factors to NoteThanks to the growing product demand in the solar market in recent times, Enphase Energy can be expected to have shipped a solid number of its microinverters and batteries from its own manufa ...

Enphase Energy (ENPH) closed the most recent trading day at $105.44, moving +1.26% from the previous trading session. The stock outpaced the S&P 500's daily gain of 1.25%. Elsewhere, the Dow saw an upswing of 0.97%, while the tech-heavy Nasdaq appreciated by 1.3%.Heading into today, shares of the solar technology company had lost 15.09% over the past month, lagging the Oils-Energy sector's loss of 1.82% and the S&P 500's gain of 1.58% in that time.The investment community will be paying close attention to t ...

Though solar energy stocks are lagging in 2024, the sector has bright days ahead. Analysts project that one in seven homeowners will have solar installed by 2030, especially if presidential administrations keep tax credit opportunities on the table moving forward. Already, solar capacity tripled over the past six years, and continued technological innovations combined with reduced costs will accelerate the trend across residential and commercial sectors.However, it’s important to balance your solar energy s ...

Enphase Energy, Inc. (ENPH) recently commenced shipment of its new IQ8 microinverters, IQ8HC and IQ8X, with a peak output power of 384 watts (W), in North America’s solar market. These microinverters will support high-powered solar modules.The IQ8HC microinverters are now available in the whole of North America, while the IQ8X is available in the United States. Significance of IQ8 MicroinvertersEnphase Energy’s two new microinverters can seamlessly pair with a full range of solar modules up to 540W Direct C ...

FREMONT, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced that it has started shipping its new IQ8™ Microinverters, IQ8HC™ and IQ8X™. With peak output AC power of 384W, IQ8HC and IQ8X Microinverters are designed to seamlessly pair with a full range of solar modules up to 540W DC. IQ8HC Microinverters (see U.S. / Canada and Mexico websites) are a ...

Enphase Energy (ENPH) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this solar technology company have returned -20% over the past month versus the Zacks S&P 500 composite's +2.1% change. The Zacks Solar industry, to which Enphase Energy belongs, has lost 18.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases o ...

FREMONT, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, announced today that it will host a conference call and webcast on Tuesday, Feb. 6, 2024 at 4:30 p.m. Eastern Time to discuss its fourth quarter and full year 2023 financial results for the period ended Dec. 31, 2023. The live webcast can be accessed on the Enphase Energy Investor Relations website at inve ...

Andreus/iStock via Getty Images We took a look at the recently published Global 100 list of most sustainable corporations according to Corporate Knights, and we noticed a new addition in the tenth position, SMA Solar Technology AG (OTCPK:SMTGF)(OTCPK:SMTGY), which sounded familiar. We had forgotten about this European renewable energy company since it had a spotty profitability track record and we just assumed that the inverter market was now basically dominated by Enphase Energy (NASDAQ:ENPH) and Solar ...