FMP
Enphase Energy Plunges 13% on Q1 Miss and Weak Outlook
Apr 23, 2025 5:57 PM - Davit Kirakosyan
Image credit: FMP
Enphase Energy (NASDAQ:ENPH) shares plunged more than 13% intra-day today after the company fell short of Wall Street expectations for the first quarter and issued a softer-than-expected revenue forecast for the current quarter.
The solar tech firm reported adjusted earnings of $0.68 per share for Q1 2025, narrowly missing the $0.70 analyst estimate. Revenue totaled $356.1 million, just shy of projections but still reflecting a 35% year-over-year increase from $263.3 million in the same period last year.
Looking ahead, the company expects second-quarter revenue between $340 million and $380 million. Even at the high end, the forecast barely matches market expectations, while the midpoint—$360 million—comes in well below consensus. This includes around $40 million in safe harbor revenue.
Other Blogs
Aug 7, 2024 7:53 AM - Parth Sanghvi
The Impact of Interest Rates on the Economy and Financial Markets: A Comprehensive Analysis
Interest rates play a crucial role in the economy and financial markets, influencing everything from consumer behavior to investment decisions. Understanding their impact is essential for making informed financial and investment decisions. This comprehensive analysis delves into how interest rates a...
Sep 10, 2024 11:33 AM - Parth Sanghvi
Best Alternatives to Yahoo Finance for Downloading Historical Stock Data
When it comes to downloading historical stock data, Yahoo Finance has been a popular choice for many. However, for those looking for more comprehensive, accurate, and flexible options, Financial Modeling Prep (FMP) offers a suite of powerful tools and services that stand out as superior alternatives...
Nov 8, 2024 10:30 AM - Sanzhi Kobzhan
Understanding Equity Valuation: When to Use DCF, DDM, and Price-Income (Multiplicators) Models
When it comes to investing in stocks, one of the key decisions an investor must make involves determining the intrinsic value of a company's shares. Equity valuation isn't just about numbers, it's an art mixed with science, aiming to predict future performance based on current and historical data. H...
