EnerNOC (ENOC) reported a big quarterly loss after the bell today, but it wasn’t as bad as analysts were expecting in a quarter that is historically weak. The company reported an EPS loss of .67/share (vs the analyst estimate for a loss of .83/share) on revenues of $22.7 million (vs the analyst estimate for $23 million) What concerns me about this quarter is that growth slowed over the year ago quarter. In the year ago … Read the rest
All posts by Tate Dwinnell
Itron (ITRI) Misses On EPS, Guidance Soft, Shares Down
Itron (ITRI) reported earnings results after the bell today that missed analyst estimates on the EPS side and shares are down about 5% after hours as a result. The company reported an EPS of .95/share vs the analyst estimate of $1.05 on revenues of $620.7 million vs the analyst estimate of $$576 million. So, the revenue number was excellent, they just didn’t deliver on the EPS side.
Rubicon (RBCN) Beats, Guides Above Estimates, Shares Soar
Rubicon (RBCN) reported huge quarter over quarter growth after the bell tonight, smashing estimates in the process. Obviously traders love the report, sending shares up 20% in after hours trading. The EPS number came in at .64/share on revenues of $29.5 million which compares with the analyst estimate of just .50/share on revenues of $26.8 million. The company attributed strong results to two new manufacturing facilities, increased pricing and strong demand in the LED market.… Read the rest
GT Solar (SOLR) Smashed Estimates, Raised Guidance, Shares Steady
(Please note, I missed this report, so reporting late) GT Solar (SOLR) reported strong earnings after the bell several days ago, beating analyst estimates by a wide margin in the process. The company reported an EPS number of .46/share on revenues of $262.9 million (vs the analyst estimate for .34/share on revenues of $222.7 million). That’s good for EPS and revenue growth of 84% and 51% respectively.
Auriga Maintains Buy On Yingli (YGE) Ahead Of Earnings
Auriga is out reiterating its Buy rating and $17 price target on Yingli Green Energy (YGE) ahead of its earnings report Friday morning. Here are highlights of the notes..
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· Stock price does not reflect cash flow implied by 2011 estimates. The stock has risen enough to account for stronger than expected Italian demand.
· Margins better than guided in 4Q, but still decline … Read the rest
Tesla (TSLA) Raises 2011 Guidance, Sees Revenue Up 50%
I just posted about Tesla beating analyst estimates in its latest earnings report, but part of the reason why the stock is up today is due to 2011 revenue guidance above analyst estimates. Tesla believes revenues for 2011 can rise around 50% and reach the $160 – $175 million level. Analysts estimated $152 million in revenues for this year. The increase in revenue is expected to come from battery pack sales to Daimler for its … Read the rest
Big Losses Remain At Tesla (TSLA), But Beats Estimates & Shares Rise
Tesla Motors (TSLA) is seeing a rare up day today despite posting another big quarterly loss as the company narrowly beat analyst estimates. After a significant correction in recent months, traders are looking for any sign of a positive and they got a small one today.
Tesla reported an EPS loss of .47/share on revenues of $36 million which was a bit above the analyst estimates of an EPS loss of .50/share on revenues of … Read the rest
Satcon Technology (SATC) To Supply Solar Inverters For 19.5MW Solar Project In Germany
Satcon Technology (SATC) will be the solar inverter supplier for a 19.5MW solar project in Germany. They will supply 39 of their PowerGate 500kW which represents the largest German order for the company.
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“The Tauberlandpark project is one of Germany’s largest Utility-Scale solar power installations,” said Andreas Schneider, Chief Executive Officer of relatio Holding. “A project of this scale demands that we partner with an industry … Read the rest
PowerSecure (POWR) Announces $10 Million In New Orders For Smart Grid, LED Products
PowerSecure (POWR) has announced some new contracts this morning to the tune of $10 million for its Interactive Distributed Generation® (IDG®) smart grid power systems (making up $7 million), and LED lighting products (making up $3 million). While the IDG systems will be installed across a wide range of customers, the LED lighting contract consists of primarily one order from a major US retailer which wants to retrofit refrigerate cases with LED … Read the rest
EnerNOC (ENOC) Plummets On COO Resignation, Billing Concerns
Shares of EnerNOC (ENOC) were hammered late last week after news hit that the COO resigned amid billing concerns related to demand response market manipulation. According to Reuters, the company may have fattened revenues on the books with a loophole known as double counting. It should be noted however, that it is speculation at this point.
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Deutsche Bank noted on Friday that "If EnerNOC is … Read the rest