Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.Real time prices by BATS. We take a look at earnings estimates for some clues.

However, the top line improved 15.5% from $525.4 million in the year-ago quarter.The reported figure came in below the mid-point of the company’s expectation of $520-$720 million. We take a look at earnings estimates for some clues.

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The monthly returns are then compounded to arrive at the annual return. The Zacks Consensus Estimate for full-year revenues, pegged at $2.28 billion, lies above the mid-point of the company guided range.It currently projects 2020 deployment to be in the range of 2.5-2.8 gigawatts.In the past month, investors have witnessed a downward trend in fresh estimates.At this time, SunPower has an average Growth Score of C, however its Momentum Score is doing a lot better with an A. Shareholders of unprofitable companies usually expect strong revenue growth. SunPower (SPWR) reported earnings 30 days ago. We use cookies to understand how you use our site and to improve your experience. SPWR | Complete SunPower Corp. stock news by MarketWatch. We take a look at earnings estimates for some clues. Stocks Analysis by Zacks Investment Research covering: SunPower Corporation. These returns cover a period from January 1, 1988 through July 6, 2020.

The company had incurred a loss of 72 cents per share in the prior year.For the quarter under review, SunPower’s adjusted revenues came in at $607 million, lagging the Zacks Consensus Estimate of $609 million by 0.4%. NASDAQ data is at least 15 minutes delayed.This site is protected by reCAPTCHA and the Google

However, the top line improved 9.8% from last year’s $1.81 billion.Furthermore, the company recorded adjusted gross profit of $126.1 million, up a massive 248.4% from the year-ago quarter.

A month has gone by since the last earnings report for SunPower (SPWR). Notably, SunPower has a Zacks Rank #2 (Buy). We take a look at earnings estimates for some clues. Its adjusted gross margin expanded 1,390 basis points to 20.8%.These apart, SunPower deployed 707 megawatts (MW) in the fourth quarter compared with 461 MW in fourth-quarter 2018. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.SunPower reported adjusted earnings of 23 cents per share in fourth-quarter 2019, surpassing the Zacks Consensus Estimate of 13 cents by 77%.

The company had incurred a loss of 72 cents per share in the prior year.For the quarter under review, SunPower’s adjusted revenues came in at $607 million, lagging the Zacks Consensus Estimate of $609 million by 0.4%. Additionally, it anticipates deployment of 520-570 MW in the same period.SunPower currently expects to generate adjusted revenues of $2.1-$2.3 billion in 2020.

What's next for the stock? A month has gone by since the last earnings report for SunPower (SPWR). Estimates have been broadly trending downward for the stock, and the magnitude of this revision has been net zero. The year-over-year upside can be primarily attributed to higher revenues from both SunPower Energy Services and SunPower Technologies business units.For 2019, the company recorded adjusted revenues of $1.99 billion, lagging the Zacks Consensus Estimate of $2.03 billion by 2%. Additionally, it anticipates deployment of 520-570 MW in the same period.SunPower currently expects to generate adjusted revenues of $2.1-$2.3 billion in 2020. Outlook.