Enphase Energy (ENPH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Enphase Energy (ENPH) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is scheduled for February 4, 2025, with expectations of quarterly earnings at $0.75 per share, reflecting a year-over-year increase of 38.9% [3]. - Revenues are projected to reach $376.03 million, which is a 24.3% increase compared to the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 13.36% over the last 30 days, indicating a collective reassessment by analysts regarding the company's earnings prospects [4][10]. - The Most Accurate Estimate for Enphase Energy is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.76%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a positive reading being a strong predictor of an earnings beat [6][8]. - However, the current negative Earnings ESP reading for Enphase Energy complicates the prediction of an earnings beat, especially given its Zacks Rank of 3 [11]. Historical Performance - Enphase Energy has not met consensus EPS estimates in any of the last four quarters, with a notable surprise of -16.67% in the last reported quarter [12][13]. Conclusion - Enphase Energy does not currently appear to be a strong candidate for an earnings beat, and investors are advised to consider other factors when making decisions regarding this stock ahead of its earnings release [16].