SunPower Corporation expected to post a loss of 26 cents a share - Earnings Preview
31/05/2024 12:01
* SunPower Corporation SPWR.OQ SPWR.O is expected
to show a
fall in quarterly revenue when it reports results on June 3
(estimated) for the period ending January 1 0001
* The Richmond California California-based company is
expected to
report a 26.6% decrease in revenue to $324.623 million from
$442.54 million a year ago, according to the mean estimate from
21 analysts, based on LSEG data.
* LSEG's mean analyst estimate for SunPower Corporation is
for a
loss of 26 cents per share.
* The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 16
"hold" and 12 "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
Corporation is $3.10, below its last closing price of $3.41.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 -0.24 -0.24 -0.51 Missed -113.8
Jan. 1 0001 0.00 0.00 -0.12 Missed -6,682
.6
Jan. 1 0001 -0.12 -0.04 -0.13 Missed -196.3
Mar. 31 2023 -0.03 -0.01 -0.07 Missed -487.2
Dec. 0.12 0.13 0.15 Beat 17.8
31 2022
Jan. 1 0001 0.07 0.08 0.13 Beat 58.3
Jan. 1 0001 0.05 0.04 0.03 Missed -26.8
Mar. 31 2022 0.02 0.03 0.02 Missed -20
This summary was machine generated May 31 at 11:01 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)