sunpower-earnings-beat-forecasts-the-stock-shines.

SunPower Earnings Beat Forecasts. The Stock Shines.

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https://www.barrons.com/articles/sunpower-earnings-stock-51659446608


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SunPower


shares were surging early Tuesday after the solar panel manufacturer posted an earnings beat.

SunPower (ticker:


SPWR


) reported second-quarter adjusted earnings of $5.2 million, or 3 cents a share, on $417.8 million in revenue. Analysts surveyed by FactSet were expecting earnings of 2 cents a share on revenue of $362.2 million.