What To Expect From SolarEdge’s (SEDG) Q3 Earnings

SolarEdge gears up for earnings this Wednesday, with high expectations following a strong Q2. After a 9% revenue increase and 37% equipment shipment jump, Wall Street anticipates a 42% growth in Q3 revenue, reaching $334.5M. However, SolarEdge's stock has fallen 12% amidst competition and skepticism, as competitors like Bloom Energy and Enphase report mixed results. Investors await SolarEdge's performance to gauge the renewable energy sector's trajectory.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.