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Enphase Energy, Inc. (ENPH), headquartered in Fremont, California, is a global leader in energy technology and renewable solutions. With a market cap of $9.4 billion, Enphase drives innovation by developing cutting-edge microinverter systems and energy management technologies that empower homeowners and businesses to harness and optimize solar power. The company is set to release its Q4 earnings on Tuesday, Feb. 4.
Ahead of the event, analysts expect Enphase to report a profit of $0.43 per share, up 48.3% from $0.29 per share in the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while exceeding on one other occasion. The company reported an adjusted EPS of $0.38 in the most recent quarter, missing the consensus estimates by 13.6%.