Maxeon Solar Technologies: Q3 Earnings Insights

Maxeon Solar Technologies MAXN reported its Q3 earnings results on Wednesday, November 17, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Maxeon Solar Technologies their estimated earnings by 6.43%, reporting an EPS of $-1.49 versus an estimate of $-1.4, which did not surprise analysts.

Revenue was up $13,868,000 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.64, which was followed by a 2.36% drop in the share price the next day.

Here's a look at Maxeon Solar Technologies's past performance:

 

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020
EPS Estimate -1.35 -1.48 -1.04  
EPS Actual -1.99 -1.14 0.11 -2.24
Revenue Estimate 180.17M 160.28M 232.77M 165.01M
Revenue Actual 175.90M 165.42M 245.56M 206.62M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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