Benzinga | Oct 28, 2020 04:15PM EDT

SunPower Q3 Adj. EPS $(0.04) Beats $(0.05) Estimate, Sales $274.80M Beat $235.64M Estimate

SunPower (NASDAQ:SPWR) reported quarterly losses of $(0.04) per share which beat the analyst consensus estimate of $(0.05) by 20 percent. This is a 157.14 percent decrease over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $274.80 million which beat the analyst consensus estimate of $235.64 million by 16.62 percent. This is a 44.11 percent decrease over sales of $491.68 million the same period last year.