SunPower Reports Second Quarter 2023 Results
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Citi Closes Downside Catalyst Watch on SunPower (SPWR)
August 2, 2023 4:07 PM EDTCiti Closes Downside Catalyst Watch on SunPower (NASDAQ: SPWR).
Analyst Vikram Bagri comments "We are closing our downside catalyst watch on SPWR after the company announced weak 2Q earnings, sharply lowered FY23 guidance, and announced steps to cut cost primarily through headcount... More
Deutsche Bank Closes Catalyst Call Sell Idea on SunPower (SPWR)
August 1, 2023 4:14 PM EDTDeutsche Bank analyst Corinne Blanchard reiterated a Hold rating and $9.50 price target on SunPower (NASDAQ: SPWR).
The analyst comments "We are closing our Catalyst Sell call on shares of SunPower (SPWR), as the stated catalysts, 2Q23 earnings and the revised annual guidance,... More
SunPower (SPWR) Misses Q2 EPS by 7c
August 1, 2023 7:48 AM EDTSunPower (NASDAQ: SPWR) reported Q2 EPS of ($0.13), $0.07 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $463.9 million versus the consensus estimate of $478.59 million.
2023 Financial Outlook:
On July, 26, 2023, SunPower updated its FY 2023 guidance in a preliminary earnings... More