Enphase (ENPH) Q3 Earnings Report Preview: What To Look For

Home energy technology company Enphase (NASDAQ:ENPH) will be reporting earnings tomorrow after the bell. Here’s what investors should know.

Enphase missed analysts’ revenue expectations by 2.1% last quarter, reporting revenues of $303.5 million, down 57.3% year on year. It was a softer quarter for the company, with a miss of analysts’ earnings and volume estimates.

Is Enphase a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Enphase’s revenue to decline 28.6% year on year to $393.6 million, a further deceleration from the 13.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.78 per share.