Sunpower Earnings Preview: Can This Streak Continue?
Sunpower (NASDAQ:SPWR) will report earnings after markets close on Thursday, May 2nd. SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
Here is your Cheat Sheet to Sunpower Earnings:
Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $507.73 million.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.01 to a profit $0.03. For the current year, the average estimate is a profit of $0.55, which is better than the estimate ninety days ago.
Here’s how Sunpower has been performing on an annual basis:
|Revenue ($) in millions||1,438||1,524||2,219||2,374||2,418|
|Diluted EPS ($)||1.05||0.35||1.75||-6.28||-3.01|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||625.28||494.13||595.90||648.95||678.52|
|Diluted EPS ($)||-0.9435||-0.67||-0.71||-0.41||-1.215|
Sunpower has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)