☀️ Enphase Energy: Burnt Out or Ready to Recharge? $ENPH Reports Tuesday
Solar’s former golden child has been battered — but are better days ahead?
Enphase Energy ($ENPH) reports Q2 earnings after the bell Tuesday, July 22, and sentiment is hanging by a solar thread.
With the stock down 81% over three years and nearly 62% in the past 12 months, it’s been a brutal ride for long-term holders. But a revised-up EPS, a modest guidance beat, and whispers of a turnaround have a few traders eyeing a potential bounce.
Here’s the full breakdown before the panel lights up 👇
🧾 Earnings Snapshot:
💵 EPS: $0.62 expected (⬆ +44.2% YoY)
📈 Revenue: ~$356M expected (⬆ +17.4% YoY)
📉 Earnings ESP: -4.24% → not bullish
📊 Zacks Rank: #3 (Hold)
📈 EPS Trend: Revised UP 7% in 30 days
The setup? Slight growth, skeptical sentiment — and a chart that screams pain.
Keep reading with a 7-day free trial
Subscribe to T&G’s Substack to keep reading this post and get 7 days of free access to the full post archives.