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Enphase Energy: Solar Stock Stuck In The Dark Hopes Earnings Spark A Turnaround
ENPHEnphase(ENPH) Benzinga·2024-10-22 20:38

Enphase Energy Inc. ENPH is gearing up to report its third-quarter earnings after the market closes on Tuesday. Wall Street expects 77 cents per share and revenue of $391.98 million.Investors, however, may be less optimistic. The solar energy stock has been under a cloud, dropping 31.10% year-to-date and slipping 6.10% over the past year. Most notably, the stock has taken a sharp dive of 22.72% in the past month as market sentiment soured ahead of the earnings report.The Charts Show A Shadow Over Enphase St ...