On this video, I’ll go over Enphase‘s (NASDAQ: ENPH) fourth-quarter earnings and clarify why the inventory is up regardless of the corporate reporting a triple miss — which means a miss on income, earnings, and steerage estimates.
*Inventory costs used have been from the buying and selling day of Feb. 6, 2024. The video was printed on Feb. 6, 2024.
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Neil Rozenbaum has no place in any of the shares talked about. The Motley Idiot has positions in and recommends Enphase Power. The Motley Idiot has a disclosure coverage. Neil is an affiliate of The Motley Idiot and could also be compensated for selling its companies. Should you select to subscribe by means of his hyperlink, he’ll earn some more money that helps his channel. His opinions stay his personal and are unaffected by The Motley Idiot.
Why Is Enphase Inventory Up 20% After a Triple Miss? was initially printed by The Motley Idiot
