Earnings Date
EPS
Quarterly Revenue
Annual Revenue (as of Sep 30)
Earnings Recap
Maxeon Solar Technologies (NASDAQ:MAXN) reported its Q3 earnings results on Wednesday, November 15, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Maxeon Solar Technologies missed estimated earnings by 87.1%, reporting an EPS of $-1.74 versus an estimate of $-0.93.
Revenue was down $47.82 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 31.96% drop in the share price the next day.
Here's a look at Maxeon Solar Technologies's past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.47 | -1.27 | -1.56 |
| EPS Actual | -0.03 | 0.46 | -1.84 | -1.09 |
| Revenue Estimate | 372.63M | 328.12M | 315.70M | 277.16M |
| Revenue Actual | 348.37M | 318.33M | 323.50M | 275.45M |
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Earnings History
Analyze the earnings history of Maxeon Solar Technologies using advanced sorting and filters.
Date | time | ticker | Quarter | Prior EPS | Est EPS | Actual EPS | EPS Surprise | Prior Rev | Est Rev | Actual Rev | Rev Surprise | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 03/05/2024 | PM | MAXN | Q4 | -$1.84 | — | — | — | $323.50M | — | — | — | Get Alert |
| 11/15/2023 | PM | MAXN | Q3 | -$1.09 | -$0.93 | -$1.74 | -87.10% | $275.45M | $227.07M | $227.63M | 0.25% | Get Alert |
| 08/10/2023 | PM | MAXN | Q2 | -$2.15 | -$0.08 | -$0.03 | 62.50% | $238.08M | $372.63M | $348.37M | -6.51% | Get Alert |
| 05/10/2023 | PM | MAXN | Q1 | -$1.45 | -$0.47 | $0.46 | 197.87% | $223.08M | $328.12M | $318.33M | -2.98% | Get Alert |
| 03/07/2023 | PM | MAXN | Q4 | -$1.69 | -$1.27 | -$1.84 | -44.88% | $221.48M | $315.70M | $323.50M | 2.47% | Get Alert |
| 11/10/2022 | PM | MAXN | Q3 | -$1.49 | -$1.56 | -$1.09 | 30.13% | $220.49M | $277.16M | $275.45M | -0.62% | Get Alert |
| 08/18/2022 | PM | MAXN | Q2 | -$1.86 | -$1.60 | -$2.15 | -34.38% | $175.90M | $221.43M | $238.08M | 7.52% | Get Alert |
| 05/26/2022 | PM | MAXN | Q1 | -$1.14 | -$1.30 | -$1.45 | -11.54% | $165.42M | $213.03M | $223.08M | 4.72% | Get Alert |
| 03/24/2022 | PM | MAXN | Q4 | $0.11 | -$1.29 | -$1.69 | -31.01% | $245.56M | $222.99M | $221.48M | -0.68% | Get Alert |
| 11/17/2021 | PM | MAXN | Q3 | -$2.24 | -$1.40 | -$1.49 | -6.43% | $206.62M | $227.98M | $220.49M | -3.29% | Get Alert |
| 08/12/2021 | PM | MAXN | Q2 | — | -$1.35 | -$1.99 | -47.41% | — | $180.17M | $175.90M | -2.37% | Get Alert |
| 05/20/2021 | PM | MAXN | Q1 | -$1.49 | -$1.48 | -$1.14 | 22.97% | $227.64M | $160.28M | $165.42M | 3.21% | Get Alert |
| 04/06/2021 | PM | MAXN | Q4 | -$1.51 | -$1.04 | $0.11 | 110.58% | $368.13M | $232.77M | $245.56M | 5.50% | Get Alert |
| 11/19/2020 | PM | MAXN | Q3 | — | — | -$2.24 | — | — | $165.01M | $206.62M | 25.22% | Get Alert |
When is Maxeon Solar Technologies (NASDAQ:MAXN) reporting earnings?
Maxeon Solar Technologies (MAXN) is scheduled to report earnings on March 5, 2024. The last reported earnings were for reported on November 15, 2023 for Q3.
What were the latest earnings per share (EPS) for Maxeon Solar Technologies (NASDAQ:MAXN)?
The Actual EPS was $-1.74, which missed the estimate of $-0.93.
What were Maxeon Solar Technologies’s (NASDAQ:MAXN) revenues?
The Actual Revenue was $227.6M, which beat the estimate of $227.1M.
Browse earnings estimates, EPS, and revenue on all stocks.