Enphase Energy (ENPH) Beats Stock Market Upswing: What Investors Need to Know

Shares of the solar technology company have appreciated by 17.95% over the course of the past month, outperforming the Oils-Energy sector's loss of 3.25% and the S&P 500's gain of 2.85%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $2.93 per share and revenue of$1.49 billion. These totals would mark changes of -33.56% and -34.87%, respectively, from last year. Empirical research indicates that these revisions in estimates have a direct correlation with ...