SunPower (NASDAQ: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.
