Benzinga | May 5, 2021 08:06AM EDT

SunPower Q1 Adj. EPS $0.05 Beats $0.01 Estimate, Sales $306.40M Beat $305.14M Estimate

SunPower (NASDAQ:SPWR) reported quarterly earnings of $0.05 per share which beat the analyst consensus estimate of $0.01 by 400 percent. This is a 150 percent increase over losses of $(0.10) per share from the same period last year. The company reported quarterly sales of $306.40 million which beat the analyst consensus estimate of $305.14 million by 0.41 percent. This is a 32.57 percent decrease over sales of $454.38 million the same period last year.