SunPower Corp expected to post a loss of 24 cents a share - Earnings Preview
13/02/2024 12:47
* SunPower Corp SPWR.OQ SPWR.O is expected to show a
fall in
quarterly revenue when it reports results on February 15 for
the period ending December 31 2023
* The Richmond California California-based company is
expected to
report a 26.3% decrease in revenue to $362.852 million from
$492.42 million a year ago, according to the mean estimate from
22 analysts, based on LSEG data. (SAL is on Total revenue basis)
* LSEG's mean analyst estimate for SunPower Corp is for a
loss
of 24 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 18
"hold" and 10 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for SunPower
Corp is
$4.00, below its last closing price of $4.16.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.00 0.00 -0.12 Missed -6,682
.6
Jun. 30 2023 -0.12 -0.04 -0.13 Missed -196.3
Mar. 31 2023 -0.03 -0.01 -0.07 Missed -487.2
Dec. 31 2022 0.12 0.13 0.15 Beat 17.8
Sep. 0.07 0.08 0.13 Beat 58.3
30 2022
Jun. 30 2022 0.05 0.04 0.03 Missed -26.8
Mar. 31 2022 0.02 0.03 0.02 Missed -20
Dec. 31 2021 -0.03 0.03 0.03 Met 15.4
This summary was machine generated February 13 at 12:47 GMT.
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)