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SunPower Corp. (SPWR) Has Risen To A New High On Guidance News

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

SunPower Corp. (SPWR) announced Wednesday that it expects to report second quarter adjusted EPS of $0.05 to $0.15 and between $0.60 and $0.80 for the full year 2013. The consensus estimates are for a loss of $0.02 and a profit of $0.64.

SunPower gapped open higher Wednesday and is now up 2.55 at $21.58 in early trade. The stock has has been on an upward trend for nearly a month and has set a new high for the year.

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