Benzinga | Nov 3, 2021 05:33PM EDT

SunPower Q3 Adj. EPS $0.06 Beats $0.03 Estimate, Sales $323.60M Miss $334.55M Estimate

SunPower (NASDAQ:SPWR) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $0.03 by 100 percent. This is a 250 percent increase over losses of $(0.04) per share from the same period last year. The company reported quarterly sales of $323.60 million which missed the analyst consensus estimate of $334.55 million by 3.27 percent. This is a 17.76 percent increase over sales of $274.81 million the same period last year.