Zoltek Companies (ZOLT) has made it a habit to miss Wall St estimates and they did it again this quarter as the company continues to have trouble turning it around. The stock has been improving significantly technically in the past couple months leading many to believe (including myself), that the company might report decent results this time around. Nada. They reported another healthy loss of .14/share which was significantly worse than the .06/share loss analysts … Read the rest
Tag Archives: earnings
Ener1 (HEV) Misses, Ramps Up Production For THINK Electric Car
Ener1 (HEV) is still what I would call a development stage company, so the earnings reports aren’t as important as the news flow during the quarter. Let’s take a look and see how they did anyway. The company missed analyst estimates by a bit posting an EPS loss of .13 on revenues of $11 million. Those results are about in line with what they reported last quarter.
Advanced Battery Tech (ABAT) Beats On Strong Electric Bike Sales
Advanced Battery Tech (ABAT) beat estimates after the bell today posting an EPS .04 cents better than analyst estimates at .11/share . Revenue for the quarter was $19.5 million, which compares to the estimate of $18.82 million. That’s nearly a doubling of revenues over the year ago quarter, but about in line with what they reported last quarter ($21.5 in revs). All in all, a nice a quarter from ABAT. It appears their electric bike … Read the rest
LDK Solar (LDK) Beats Estimates, Guides Way Above Street
Earnings results from the solar companies continue to be strong and that’s the case for LDK Solar (LDK) after the bell today. I don’t see a non GAAP number and no clear one time charges for this company, so I’ll stick with the GAAP EPS number of .06/share which beat analyst estimates of .01/share. Revenues were strong at $347.6 million vs the analyst estimate of $326. The quarter marks the 3rd straight profitable quarter with … Read the rest
Energy Conversion Devices (ENER) Beats, Shares Recover, But Big Losses Continue
Energy Conversion Devices (ENER) reported another sizable loss of .64/share (excluding large impairment charge of $358 million), but it did beat the .75/loss analysts had been expecting. Revenues also came in higher than expected at $72 million vs the estimate of $61 million. It’s a glimmer of hope for a company that has really struggled, but they’re still a long ways from returning to profitability and are expected to continue racking up losses at least … Read the rest
Comverge (COMV) Misses Estimates, But Reaffirms Guidance
Comverge (COMV) reported a wider loss of .41/share this morning, 5 cents worse than Wall St estimates. Revenues were also lighter than what Wall St anticipated at $13.4 million (estimates called for $16 million). With revenues increasing 16% over the year ago quarter and MW under contract increasing 15% I would have liked to have seen a much better EPS number, so all in all, a disappointing quarter out of COMV which is expecting in … Read the rest
ReneSola (SOL) Record Revs & Shipments, Raises Guidance, Shares Surge
ReneSola (SOL) reported strong results this morning, beating Wall St estimates and guiding higher. The company reported an EPS of .14/share vs the analyst estimate of .09/share on revenues of $206 million (vs the estimate of $189 million). Most of the China solar companies have been reporting record shipments and Renesola is doing the same reporting a record 242MW.
The company is also guiding higher, helping to boost shares nearly 12% today. They see revenues … Read the rest
Suntech Power (STP) Announces Preliminary Results Above Street, Shares Surge
Suntech Power (STP) issued preliminary Q1 results this morning and sees revenues in the range of $580 – $590 vs the Street estimate of $542 million. Gross margin estimates remain about the same at about 19 – 20%.
The company expects a hit on the Euro plunge of about $23 million give or take a couple mill and plan to hedge more this quarter to cover Euro exposure.
Energy Recovery (ERII) Beats With A Profit, But Guidance Weak
Energy Recovery (ERII), which is a desalination play, reported results after the bell today that beat analyst estimates. The company reported a non GAAP profit of .01/share on revenues of $12.6 million while analysts expected a .01/share loss on revenues of $11.8 million.
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CEO G.G. Pique commented on the quarter: “Our first quarter results were better than the guidance we provided due to better than expected … Read the rest
Echelon (ELON) Beats, But Flat Over Year Ago; Files Mixed Shelf
Today reminds me why I don’t particularly enjoy earnings season.. it’s a heckuvva lotta work keeping up! Echelon (ELON) reported today too and beat Wall St estimates by a decent margin. They reported a non GAAP loss of .18/share on revenues of $18.1 million. While that beat estimates of -.33/share on revenues of $16.37 million, it’s basically a flat quarter over the year ago quarter.
The company is issuing guidance. They see revs at $24 … Read the rest