Enphase Energy (NASDAQ:ENPH) reported its Q3 earnings results on Tuesday, October 26, 2021 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Enphase Energy beat their estimated earnings by 25.0%, which surprised analysts.
Revenue was up $173,016,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 4.95% increase in the share price the next day.
Here’s a look at Enphase Energy’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 0.44 | 0.40 | 0.24 |
| EPS Actual | 0.53 | 0.56 | 0.51 | 0.30 |
| Revenue Estimate | 311.05M | 292.04M | 254.80M | 168.58M |
| Revenue Actual | 316.06M | 301.75M | 264.84M | 178.50M |
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