Maxeon Solar Technologies Q2 EPS $(0.03) Beats $(0.08) Estimate, Sales $348.37M Miss $372.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
Maxeon Solar Technologies reported Q2 earnings per share of $(0.03), beating the analyst consensus estimate of $(0.08) by 62.5%. However, the company's quarterly sales of $348.37 million missed the analyst consensus estimate of $372.63 million by 6.51%. This represents a 46.33% increase in sales compared to the same period last year.
August 10, 2023 | 8:10 pm
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Maxeon Solar's Q2 earnings beat estimates, but sales missed expectations. This mixed result could lead to uncertain short-term price movements.
Maxeon Solar's Q2 earnings beat estimates, which is a positive signal for investors. However, the company's sales missed expectations, which could be a concern. This mixed result could lead to uncertain short-term price movements.
CONFIDENCE 90
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RELEVANCE 100