Maxeon Solar Technologies Ltd (MAXN) FY2024Q1 Earning Prediction
Maxeon Solar Technologies Ltd (MAXN) is set to release its earnings performance on 05/30 ET in trading. Consensus forecasts predict a revenue of 209.17M and an earnings per share (EPS) of -1.02 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
MAXN Transcript
The earnings call reveals several challenges: negative EBITDA, cash decline, project delays, and contract terminations. Although management is optimistic about future profitability and new technology, the near-term outlook is weak. The Q&A section highlights uncertainties with DOE loan guarantees, potential tariffs, and unclear management responses, further dampening sentiment. Given the negative financial performance and uncertainties, a negative stock price movement is expected in the short term.
The earnings call reveals significant challenges: a net loss increase, negative EBITDA, and declining cash reserves. The Q&A highlights demand challenges and market dislocation in Europe, despite a positive US utility scale outlook. Guidance for Q4 indicates further losses, and management's lack of clarity on key financial aspects raises concerns. While there are positive developments like the US factory and Maxeon 7, they are overshadowed by current financial struggles and uncertainties, leading to a negative sentiment.
MAXN Report
Frequently Asked Questions
What is the Maxeon Solar Technologies Ltd FY2024Q1 Earnings Release Date and Time?
Maxeon Solar Technologies Ltd (MAXN) is scheduled to release its FY2024Q1 earnings report onMay 30, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for Maxeon Solar Technologies Ltd FY2024Q1 Revenue and EPS?
Analysts' consensus predicts 209.17M in revenue and an EPS of -1.02 for Maxeon Solar Technologies Ltd's FY2024Q1.
What Does Intellectia's AI Predict for Maxeon Solar Technologies Ltd FY2024Q1 Earnings?
Intellectia's exclusive AI algorithms forecast a forMaxeon Solar Technologies Ltd's FY2024Q1 earnings, with a prediction date of May 30, 2024. Maxeon Solar Technologies Ltd
How Can I Use This Earnings Prediction to Trade MAXN Stock?
Leverage Intellectia's AI forecast to position trades ahead of theMay 30, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like Maxeon Solar Technologies Ltd FY2024Q1?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
