* Maxeon Solar Technologies Ltd is expected to show a fall in quarterly revenue when it reports results on April 15 (estimated) for the period ending March 31 2024
* The Singapore-based company is expected to report a 36.1% decrease in revenue to $203.445 million from $318.33 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on April 8 2024, for the period ended March 31, was for revenue of $186.000 million.
* LSEG's mean analyst estimate for Maxeon Solar Technologies Ltd is for a loss of 96 cents per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by about 31.2% in the last three months.
* Wall Street's median 12-month price target for Maxeon Solar Technologies Ltd is $5.00, above its last closing price of $2.35.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 -2.19 -1.99
Sep. 30 2023 -0.94 -0.93 -2.21 Missed -137.6
Jun. 30 2023 -0.11 -0.10 -0.03 Beat 69.5
Mar. 31 2023 -0.52 -0.47 0.46 Beat 197.5
Dec. -1.27 -1.27 -1.84 Missed -44.3
31 2022
Sep. 30 2022 -1.61 -1.56 -1.09 Beat 30.1
Jun. 30 2022 -1.63 -1.60 -2.15 Missed -34.1
Mar. 31 2022 -1.31 -1.30 -1.45 Missed -11.5
This summary was machine generated April 12 at 08:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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