Recap: SunPower Q2 Earnings

 

SunPower SPWR reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:05 AM.

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

Earnings

SunPower missed estimated earnings by 25.0%, reporting an EPS of $0.03 versus an estimate of $0.04.

Revenue was up $108.84 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 6.53% drop in the share price the next day.

Here's a look at SunPower's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.02 0.04 0.03 0.04
EPS Actual 0.02 -0.07 0.06 0.06
Revenue Estimate 334.16M 374.70M 334.55M 327.31M
Revenue Actual 350.28M 384.53M 323.64M 308.93M

To track all earnings releases for SunPower visit their earnings calendar here.

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

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