Enlight Renewable Energy (NASDAQ:ENLT) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Enlight Renewable Energy will report an earnings per share (EPS) of $0.03.
Investors in Enlight Renewable Energy are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Earnings Track Record
Last quarter the company missed EPS by $0.01, which was followed by a 7.18% increase in the share price the next day.
Here's a look at Enlight Renewable Energy's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.11 | 0.16 | 0.10 |
| EPS Actual | 0.06 | 0.14 | 0.12 | 0.13 |
| Price Change % | 7.000000000000001% | 0.0% | 2.0% | 4.0% |
Enlight Renewable Energy Share Price Analysis
Shares of Enlight Renewable Energy were trading at $14.93 as of November 11. Over the last 52-week period, shares are down 2.03%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Enlight Renewable Energy visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
