Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nasdaq  >  SunPower Corporation    SPWR

SUNPOWER CORPORATION

(SPWR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

SunPower: 4Q Earnings Snapshot

share with twitter share with LinkedIn share with facebook
share via e-mail
02/12/2020 | 05:04pm EDT

SAN JOSE, Calif. (AP) _ SunPower Corp. (SPWR) on Wednesday reported fourth-quarter net income of $5.4 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the San Jose, California-based company said it had net income of 3 cents. Earnings, adjusted for non-recurring costs and restructuring costs, came to 23 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The solar products and services company posted revenue of $603.8 million in the period. Its adjusted revenue was $607 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $609.1 million.

For the year, the company reported net income of $22.2 million, or 15 cents per share, swinging to a profit in the period. Revenue was reported as $1.99 billion.

For the current quarter ending in April, SunPower said it expects revenue in the range of $435 million to $470 million. Analysts surveyed by Zacks had expected revenue of $617.5 million.

The company expects full-year revenue in the range of $2.1 billion to $2.3 billion.

SunPower shares have risen 40% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.94, an increase of 89% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPWR at https://www.zacks.com/ap/SPWR

Automated Insights, source Associated Press News

Stocks mentioned in the article
ChangeLast1st jan.
SUNPOWER CORPORATION 17.34% 5.55 Delayed Quote.-28.85%
TOTAL S.A. 0.85% 33.815 Real-time Quote.-31.27%
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SUNPOWER CORPORATION
04/01SUNPOWER CORP : Change in Directors or Principal Officers (form 8-K)
AQ
03/25SUNPOWER CORP : Change in Directors or Principal Officers, Regulation FD Disclos..
AQ
03/25SUNPOWER : Announces Actions to Address COVID-19 Market Disruption
PR
03/17SUNPOWER : Expands into Energy Services with New England Auction Bid Win
AQ
03/11SUNPOWER : Recognizes Dealers for Excellence in Solar Project Design and Install..
PR
03/10SUNPOWER : What the Current State of ITC Means for Homeowners
PU
02/26SUNPOWER : Vice President Investor Relations Bob Okunski to Speak at Raymond Jam..
PR
02/20SUNPOWER CORP : Entry into a Material Definitive Agreement (form 8-K)
AQ
02/19SunPower Shares Up 13% as Total S.A. Builds Stake
DJ
02/18SUNPOWER CORP : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND ..
AQ
More news
Financials (USD)
Sales 2020 2 205 M
EBIT 2020 -30,2 M
Net income 2020 -134 M
Debt 2020 528 M
Yield 2020 -
P/E ratio 2020 -7,99x
P/E ratio 2021 -40,8x
EV / Sales2020 0,61x
EV / Sales2021 0,54x
Capitalization 825 M
Chart SUNPOWER CORPORATION
Duration : Period :
SunPower Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SUNPOWER CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 8,44  $
Last Close Price 4,90  $
Spread / Highest target 124%
Spread / Average Target 72,2%
Spread / Lowest Target -10,2%
EPS Revisions
Managers
NameTitle
Thomas H. Werner Chairman, President & Chief Executive Officer
Manavendra S. Sial Chief Financial Officer & Executive Vice President
Patrick H. Wood Lead Independent Director
Thomas R. McDaniel Independent Director
Catherine A. Lesjak Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SUNPOWER CORPORATION-28.85%854
SOLAREDGE TECHNOLOGIES, INC.-21.78%4 031
ENPHASE ENERGY, INC.9.64%3 999
FLAT GLASS GROUP CO., LTD.1.44%2 387
SUNRUN INC.-35.92%1 206
CANADIAN SOLAR INC.-32.58%946