How did SUNE's Q2 2024 EPS forecast compare to past trends?
4/5/2025 01:41pm
SUNation Energy's (SUNE) Q2 2024 EPS forecast is not currently available. However, we can analyze the company's recent past performance to provide context.
1. **SUNE's Recent Performance**: SUNE's EPS has been negative in the past few years, with a significant decline in 2022. The EPS was -$4.04 in 2022Q4, and it increased to -$2.03 in 2021Q4. In 2023Q4, the EPS was -$0.81.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|SUNE|SUNE.O|SUNation Energy|2022 Q1|-65.71428571428571|-0.58|186|
|SUNE|SUNE.O|SUNation Energy|2022 Q2|120.27027027027026|0.15|186|
|SUNE|SUNE.O|SUNation Energy|2022 Q3|24.44444444444444|-0.34|186|
|SUNE|SUNE.O|SUNation Energy|2023 Q1|55.172413793103445|-0.26|186|
|SUNE|SUNE.O|SUNation Energy|2023 Q2|-1659.9999999999998|-2.34|186|
|SUNE|SUNE.O|SUNation Energy|2023 Q3|-51767.647058823524|-176.35|186|
|SUNE|SUNE.O|SUNation Energy|2024 Q1|0|-0.26|186|
|SUNE|SUNE.O|SUNation Energy|2024 Q2|52.564102564102555|-1.11|186|
|SUNE|SUNE.O|SUNation Energy|2024 Q3|93.32577261128438|-11.77|186|
2. **Trend Analysis**: The trend shows a reduction in the magnitude of the EPS loss over the past three years. In 2022, the company experienced a substantial drop in EPS, followed by a slight improvement in 2023. However, the most recent data shows a further decrease in the EPS loss in 2024Q2.
3. **Comparison to Forecast**: Since the Q2 2024 EPS forecast is not available, we cannot directly compare it to the past trends. However, based on the recent performance, it is likely that the forecast may indicate a continuation of the recent trend or a potential further decline in the EPS loss, depending on the company's operational performance and market conditions during that period.