The Chinese solar companies continue to report impressive growth and LDK Solar (LDK) is no exception as the company smashed analyst estimates this morning and raised guidance way above expectations. The company reported a non GAAP EPS number of .72/share vs the analyst estimate of just .43/share on revenues of $675 million vs the estimate of $628 million. Those numbers represent quarter over quarter growth of 167% and 140% respectively.
Tag Archives: earnings
Solarfun (SOLF) Beats & Raises Guidance, But Shares Down On Follow On Offering
Solarfun (SOLF) has reported earnings results this morning that beat analyst estimates, but the stock is being pressured on news the company will raise funds in a follow on offering and will look to sell nearly $70 million in shares.
The company reported a non GAAP EPS of .69/share vs the analyst estimate of .49/share on revenues of $327 million vs the analyst estimate of $287 million. That’s another quarter of huge growth with quarter … Read the rest
EnerNOC (ENOC) Beats, But Guidance Disappoints, Shares Down 10%
EnerNOC (ENOC) reported good earnings results that beat analyst estimates, but the stock is trading down more than 10% most likely due to weaker than expected guidance. The company reported a non GAAP EPS of $1.81/share vs the analyst estimate of $1.56 on revenues of $162.8 million vs the analyst estimate of $160.8 million. Those numbers represent quarter over quarter growth of 39% in EPS and 58% in revenues, so a nice quarter.
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Clean Energy Fuels (CLNE) Misses, Shares Pressured
Shares of Clean Energy Fuels (CLNE) are under pressure today after the company announced results that missed analyst estimates both on the EPS and revenue side. The company reported a non GAAP EPS of (.10) share vs the analyst estimate of a .07/share loss on revenues of $45.7 million vs the analyst estimate for $51 million. While the revenue number represents the 4th consecutive quarter of quarter over quarter growth, the losses continue to pile … Read the rest
China Intelligent Lighting (CIL) Reports Mixed Results
China Intelligent Lighting (CIL), the only China LED stock on a major US exchange, has reported solid results this morning but missed a bit on the EPS side. The company posted an EPS of .17/share vs the analyst estimate of .20 on revenues of $20.25 million vs the analyst estimate of $18.6 million.
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Ms. Li Xuemei, Chairman and Chief Executive Officer of China … Read the rest
JA Solar (JASO) Beats & Raises, Shares Up 5% Pre-Market
JA Solar (JASO) is reporting strong results this morning, beating analyst estimates and raising guidance. The company reported a GAAP EPS of .47/share and while the company doesn’t report a non GAAP number it looks like to me the non GAAP is .36/share which beats the analyst estimate of .34/share. I’ll update this post if I’ve calculated that non GAAP number incorrectly. Either way, the company beats. Revenues beat as well coming in at $541 … Read the rest
Evergreen Solar (ESLR) Reports Mixed Results, But Beginning To Cut Costs
Evergreen Solar (ESLR) reported mixed results after the bell last night, but showed the biggest improvement in EPS in a long time and beat analyst estimates. The company posted an EPS loss of .08/share vs the analyst estimate of a .11/share loss. That’s the best EPS performance in at least a couple years and a big improvement over the year ago quarter when they reported a .40/share loss. I’ve been hard on ESLR over the … Read the rest
American Superconductor (AMSC) Beats & Raises, Shares Up 6%
American Superconductor (AMSC) posted solid Q2 results this morning, beating analyst estimates and increasing their 2010 guidance. The company reported a non GAAP EPS of .32/share (vs the estimate for .28) on revenues of $101.5 million (vs the estimate for $101 million). That’s good for a 68% increase in EPS over the year ago quarter and a 35% increase in revenues. Sequentially, the numbers were a slight improvement.
MEMC Electronic Materials (WFR) Disappoints Again, Suspends Guidance, Shares Plummet
Every quarter for about the past year or more, traders have high expectations and each quarter, MEMC Electronic Materials (WFR) disappoints. They’ve done it again after the bell today. While the company did post non GAAP revenues a bit higher than analyst expectations at $551 million, they missed the EPS consensus estimate of .13/share by posting .10/share.
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“Our third quarter results extended our recent … Read the rest
Jinko Solar (JKS) Crushes Estimates, Raises Guidance, Shares Soar
Jinko Solar (JKS) is having quite a morning, vaulting nearly 20% to new all time highs after crushing analyst estimates this morning. The company reported a whopping $1.75/share which wasn’t even close to the analyst estimate of $0.93 and a huge increase over the year ago quarter when the company reported just .09/share. Revenues were impressive as well coming in at $215 million vs the analyst consensus estimate of $153 million (a 267% increase over … Read the rest