Enphase Energy Q2 2022 Earnings Preview
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Enphase Energy (NASDAQ:ENPH) is scheduled to announce Q2 earnings results on Tuesday, July 26th, after market close.
The consensus EPS Estimate is $0.85 (+60.4% Y/Y) and the consensus Revenue Estimate is $505.44M (+59.9% Y/Y).
Over the last 2 years, ENPH has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.

Over the last 3 months, EPS estimates have seen 22 upward revisions and 0 downward. Revenue estimates have seen 19 upward revisions and 2 downward.

Guidance Recap: Enphase (ENPH) guided Q3 revenue to the range of $490M-$520M, with adjusted gross margin 38%-41% and GAAP gross margin 37%-40%.
The company's first quarter earnings topped estimates on both ends with gross margins ticking higher as Enphase (ENPH) raised prices in Q1 after also hiking prices last fall in an effort to counter rising raw material costs.
Last Friday, the solar stocks turned red across the board after reports that China's government is preparing to intervene to halt polysilicon prices that have surged to 10-year highs, hurting demand for solar panels from giant utility-scale solar farms.
Piper Sandler's analyst Kashy Harrison named Enphase Energy (ENPH), First Solar (FSLR) and SolarEdge (SEDG) as preferred names in the solar sector, citing balance sheet strength and potential for favorable long-term earnings revisions. Sunrun (NASDAQ:RUN) and Sunnova (NYSE:NOVA) were downgraded to Neutral from Overweight. 
Enphase (ENPH) takes a spot on AllianceBernstein's list of top sticky stocks most immune to big earnings misses and beats. See the stocks in the screen here. 
Seeking Alpha Quant Rating is Hold on ENPH while Wall Street analysts, on an average, give a Buy rating. 

Also Read: Biden pledges 'executive action' on climate; Solar stocks plunge