SunPower Q1 Guidance Light, But Stock Up On Yieldco

By | February 24, 2015

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SunPower (SPWR) early Tuesday reported Q4 earnings and revenue that beat Wall Street views, but the company offered Q1 guidance below consensus, which didn’t stop its stock from soaring a day after announcing plans with First Solar to form a publicly traded yield company. San Jose, Calif.-based solar panel manufacturer SunPower reported earnings per share ex items of 26 cents, down 45% from the year-earlier quarter. Revenue fell 20% to $609.7 Scalper1 News

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