Recap: SunPower Q2 Earnings - SunPower (NASDAQ:SPWR)

SunPower SPWR reported its Q2 earnings results on Tuesday, August 2, 2022 at 08:05 AM.

Here's what investors need to know about the announcement.

SunPower missed estimated earnings by 25.0%, reporting an EPS of $0.03 versus an estimate of $0.04.

Revenue was up $108.84 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 6.53% drop in the share price the next day.

Here's a look at SunPower's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.02	0.04	0.03	0.04
EPS Actual	0.02	-0.07	0.06	0.06
Revenue Estimate	334.16M	374.70M	334.55M	327.31M
Revenue Actual	350.28M	384.53M	323.64M	308.93M

To track all earnings releases for SunPower visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.