Enphase Energy (ENPH) Surpasses Q2 Earnings and Revenue Estimates

Company Performance - Enphase Energy reported quarterly earnings of $0.69 per share, exceeding the Zacks Consensus Estimate of $0.62 per share, and up from $0.43 per share a year ago, representing an earnings surprise of +11.29% [1] - The company posted revenues of $363.15 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.92%, and an increase from year-ago revenues of $303.46 million [2] - Over the last four quarters, Enphase Energy has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Enphase Energy shares have declined approximately 42.3% since the beginning of the year, while the S&P 500 has gained 7.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.58 on revenues of $366.24 million, and for the current fiscal year, it is $2.46 on revenues of $1.45 billion [7] Industry Outlook - The solar industry, to which Enphase Energy belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]