Earnings Forecast Research on Enphase Energy, Inc. (ENPH)

Enphase Energy, Inc. has received $-0.16 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 3 Financial Advisor in the Stock Trading Firms. Among 3 Analysts, Bottom line EPS Estimate for the current quarter is $-0.19 while the top line estimate is $-0.13 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 50%.

Enphase Energy, Inc. results fell short with a surprise EPS of -17.24% or $-0.05. The Actual EPS was $-0.34 compared to the Estimated EPS of $-0.29 during its most recent quarterly earnings.

In the last quarter, Enphase Energy, Inc. reported Annual Earnings of $-0.34. Based on the filings, last years Annual Earnings was, $-0.46. In the last Quarter, ENPH reported a surprise Earnings per Share of -17.24% . The consensus estimate for current quarter is $-0.16 and for the current fiscal year, the estimate is $-1.26. For the Next fiscal year, the estimate is $-0.49 based on the consensus.

Enphase Energy, Inc. (NASDAQ:ENPH) witnessed a volatile trading activity on Tuesday and eventually ended flat at 0% or 0 points without letting the bulls or bears take much advantage. The trading began at $1.45 and reached the intraday high at $1.54. The bulls started the profit booking and pushed the shares to intraday low of $1.45. The trading session was marked by a volume range of 1,340,052 shares exchanging hands. The 52-week high of the shares is $3.4283 and the 52-week low is $0.95. The market cap of the company stands at $92 million and there are 61,909,348 shares in public circulation.

Enphase Energy, Inc. delivers microinverter technology for the solar industry, which increases productivity and reliability of solar modules. The Company builds a semiconductor-based microinverter system that converts direct current electricity to alternating current electricity at the individual solar module level. Enphase sells its microinverter systems primarily to distributors who resell them to solar installers. It also sells directly to installers, as well as through original equipment manufacturers. Enphase Energy, Inc. is headquartered in Petaluma, California.

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