Home » Business » Maxeon Solar Technologies (NASDAQ: ) Q3 Report Falls Short of Analyst Expectations – Investing.com Analysis & Comparison to Energy Sector Profits

Maxeon Solar Technologies (NASDAQ: ) Q3 Report Falls Short of Analyst Expectations – Investing.com Analysis & Comparison to Energy Sector Profits

Investing.com – Maxeon Solar Technologies (NASDAQ: ) Q3 report falls short of analyst expectations. The report was released on Wednesday and the company reported revenues that fell short of expectations.

EPS reached $-2.21 while revenue was $228M. Market opinion polls from Investing.com indicated an expected earnings per share of $-0.84 and company profits of $236.91M. Also, in terms of the last quarter

Maxeon Solar Technologies shares lost 4.92% to trade at $5.80 after hours, according to the report.

During the year, shares of Maxeon Solar Technologies traded down 62%, underperforming the Nasdaq which is up 34.75% over the current year.

Maxeon Solar Technologies stock is tracking Sector profits energy The other one is this the month

On the 27th, Exxon Mobile reported a third-quarter earnings per share of $2.25 on revenue of $90.76B, compared to expectations for earnings per share of $2.37 on revenue of $94.06B.

Chevron Group’s profits fell short of analysts’ expectations on the 27th, during the third quarter, with quarterly earnings per share of $3.05 and revenues of about $54.08B. Investing.com analysts also expected profits of $3.6 and revenues of $51.36B.

2023-11-15 21:28:00
#Maxeon #Solar #Technologies #earnings #revenue #expectations #Investing.com

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