Cowen Keeps SunPower (SPWR) at Outperform; ASPs, Demand Expected to Remain Strong in FY14
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SunPower (SPWR) Estimates Raised at Baird Following Solid Q1
April 25, 2014 8:29 AM EDTBaird analyst Ben Kallo reiterated an Outperform rating and $42 price target on SunPower (NASDAQ: SPWR) following solid Q1 results.
Kallo commented, "SPWR beat estimates handily, driven by strong gross margin, and raised guidance (again). In our opinion, its business is performing better than... More
UPDATE: SunPower (SPWR) Tops Q1 EPS by 17c; Issues Q2 Outlook
April 24, 2014 4:06 PM EDT(Updated - April 24, 2014 4:11 PM EDT)
SunPower (NASDAQ: SPWR) reported Q1 EPS of $0.49, $0.17 better than the analyst estimate of $0.32. Revenue for the quarter came in at $592.4 million versus the consensus estimate of $669.37 million.
Sees Q2 revs of $575 - $625 million and EPS of... More
