Enphase Energy Inc. (ENPH - Free Report) delivered fourth-quarter 2017 adjusted earnings of 1 cent per share, which compares favorably with the Zacks Consensus Estimate of breakeven earnings. The profit figure also improved from the prior-year quarter’s adjusted loss of 15 cents per share.
On a GAAP basis, Enphase Energy reported loss of 3 cents per share, better than a loss of 21 cents a year ago.
For 2017, the company reported adjusted loss of 25 cents per share, narrower than the Zacks Consensus Estimated loss of 26 cents. In 2016, the company reported a loss of $1.04 per share.
Enphase Energy, Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Enphase Energy Inc. (ENPH - Free Report) delivered fourth-quarter 2017 adjusted earnings of 1 cent per share, which compares favorably with the Zacks Consensus Estimate of breakeven earnings. The profit figure also improved from the prior-year quarter’s adjusted loss of 15 cents per share.
On a GAAP basis, Enphase Energy reported loss of 3 cents per share, better than a loss of 21 cents a year ago.
For 2017, the company reported adjusted loss of 25 cents per share, narrower than the Zacks Consensus Estimated loss of 26 cents. In 2016, the company reported a loss of $1.04 per share.
Enphase Energy, Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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