24/7 Wall St.
07-17-2008, 11:20 AM
24/7 Wall St. Daily News
SunPower Corporation (NASDAQ: SPWR) is under a tremendous amount of pressure so far after the company posted earnings that were above expectations. The solar giant beat EPS targets by $0.10 with $0.61 EPS and posted a 120% rise in revenues of $382.8 million (estimates $343.1 million). The problem is that guidance for Q3 looks mostly in-line with estimates, despite its higher 2008 guidance. The company also raised 2009 guidance, but these are not substantially above estimates. For Q3 it sees $0.53 to $0.57 EPS and revenues of $340 to $355 million, while First Call has estimates of $0.57 EPS and... http://feeds.feedburner.com/~f/typepad/RyNm?i=dahSkJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=dahSkJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=FSzn7J</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=FSzn7J) http://feeds.feedburner.com/~f/typepad/RyNm?i=6H7pcj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=6H7pcj)
complete story here... (http://www.247wallst.com/2008/07/value-vs-growth.html)
SunPower Corporation (NASDAQ: SPWR) is under a tremendous amount of pressure so far after the company posted earnings that were above expectations. The solar giant beat EPS targets by $0.10 with $0.61 EPS and posted a 120% rise in revenues of $382.8 million (estimates $343.1 million). The problem is that guidance for Q3 looks mostly in-line with estimates, despite its higher 2008 guidance. The company also raised 2009 guidance, but these are not substantially above estimates. For Q3 it sees $0.53 to $0.57 EPS and revenues of $340 to $355 million, while First Call has estimates of $0.57 EPS and... http://feeds.feedburner.com/~f/typepad/RyNm?i=dahSkJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=dahSkJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=FSzn7J</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=FSzn7J) http://feeds.feedburner.com/~f/typepad/RyNm?i=6H7pcj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=6H7pcj)
complete story here... (http://www.247wallst.com/2008/07/value-vs-growth.html)