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ZacksTrade and Zacks. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. OK Cancel. Enphase Energy, Inc. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Enphase Energy has a trailing four-quarter average negative earnings surprise of ENPH has been experiencing a broad-based slowdown in demand for its products across the United States since the second quarter of and in Europe since the second half of However, with improving market fundamentals and new product launches, the company is likely to report a robust top-line performance in the fourth quarter.
Within the United States, higher sell-through of its microinverters and batteries is likely to have reflected positive year-over-year growth trends, thereby boosting its revenue growth from this nation. Within Europe, countries like France, the Netherlands and Germany are expected to deliver solid sales performance. However, its overall revenue performance in Europe is likely to have been unimpressive in the fourth quarter due to regulatory uncertainty around net energy metering and export penalties imposed by the energy providers.
In terms of new product launch, in November , Enphase Energy unveiled the IQ Powerpack portable energy system in the solar markets of the United States and Canada. Such product introductions are likely to have further boosted the top-line performance of the company. As Enphase Energy continues to make steady investments in new products and customer service, favorable returns and gross margin improvement are expected to have boosted its earnings.
A robust top-line performance is also likely to have bolstered its overall bottom-line performance. The Zacks Consensus Estimate for earnings per share is pinned at 75 cents, which indicates year-over-year growth of Our proven model does not conclusively predict an earnings beat for Enphase Energy this time around.
