Sunpower is the first of the solars to report, there has been some concern that a miss would spank the whole group. Average estimate was $0.56, coming in at $0.61 has the stock up $3.86 (9.43%) in pre-market trade.
SunPower 3rd-quarter earnings jump
Here's the press release.
* Operating earnings top average forecast
* Net income per share 26 cents
Net income was $22.4 million, or 26 cents per share, compared with $8.4 million, or 10 cents per share, a year ago.Excluding one-time items, the company earned 60 cents a share....MORE