SunPower Guidance Light For 2015, Sending Stock Down

By | November 13, 2014

Scalper1 News

Early Wednesday, at SunPower’s analyst day event, the solar manufacturer guided 2015 earnings per share and revenue lower than analysts had expected. SunPower (SPWR) stock was near 28, down about 4% in afternoon trading on the stock market today after earlier falling as much as 8%. The San Jose, Calif.-based solar manufacturer expects $2.4 billion to $2.6 billion in revenue and EPS excluding items of $1.10 to $1.50 during 2015. Analysts polled by Scalper1 News

Scalper1 News