PowerSecure (POWR) reported terrific growth after the bell today, but compared to what Wall St was estimating, the results were mixed. The company beat on the EPS side posting a non GAAP EPS of .07/share vs the estimate of .06/share, while revenues didn’t quite meet expectations at $24.7 million. It’s still a great quarter with revenues increasing 25% and EPS increasing 200% over the year ago quarter. However, that was priced into the stock when … Read the rest
Tag Archives: earnings
Ormat Tech (ORA) Beats, Expects Stronger 2nd Half
Ormat Tech (ORA), the geothermal giant, beat Wall ST estimates on both the EPS and revenue side this morning. The company reported an EPS 1 cent better than estimates at .04/share and revenues about $5 million higher than estimates at $82.7 million. While the company beat low expectations, that’s a big haircut on the EPS side from the year ago quarter when the company posted .28/share. Revenues declined about 20%.
Fuel Systems Solutions (FSYS) Smashes EPS Estimates, Guides Higher
Fuel Systems Solutions (FSYS) smashed Wall St EPS estimates of .92/share by reporting $1.59/share, which is a nearly 300% increase over the year ago quarter. Revenues were also impressive, more than doubling from the year ago quarter to $161.70 million. The company did say after it’s last earnings report that they did expect another strong quarter due to a surge in demand because of expiring Italian subsidies for CNG vehicles, but that it would be … Read the rest
Real Goods Solar (RSOL) Surprises With 3 Straight Quarters Of Profit
Real Goods Solar (RSOL) posted a real good quarter after the bell today, surprising Wall St by reporting a profit. Ok, the profit was miniscule at $17k, but it was much better than the .04/share loss analysts had expected and marked the 3rd straight quarter of profitability. Revenues matched analyst estimates of $15 million and represented a 58% improvement over the year ago quarter. The company attributed the improved margins to better installation practices, solar … Read the rest
EnerNOC (ENOC) Beats & Raises Guidance
EnerNOC (ENOC) reported results after the bell that were stronger than Wall St forecasts. The company posted a narrower loss of .41/share vs the estimate of .69/share loss on revenues of $28.1 million which beat estimates by about $2 million. That’s a nice beat and considerably better than the year ago quarter when the company posted a loss of .48/share. Revenues increased 53% over the year ago quarter. I’m not sure the results were strong … Read the rest
Evergreen Solar (ESLR) Reports Mixed Results
Evergreen Solar (ESLR) reported uninspiring results again this quarter as profitability remains elusive. The company upped guidance a few weeks ago, which gave the stock some life, but it’s back towards all time lows. There are some highlights in the quarter, but as I’ve said in the past, unless this company can cut costs significantly they aren’t going anywhere. The strategy to “go somewhere” is to go elsewhere for manufacturing.. China. There is some good … Read the rest
Trex Co (TREX) Reports Narrower Loss, But Light Revs, Moving Up On Guidance
Shares of Trex Co. (TREX) are surging nearly 12% today back to its yearly high after reporting a smaller loss than what analysts were expecting. The company reported a loss of .31/share on revenues of $66.3 while analysts expected a .39/share loss on revenues of $71 million. So a mixed report, but traders like the guidance.
The company sees sales for Q2 at $110 million vs the estimate of $99 million. That would be about … Read the rest
China Sunergy (CSUN) Back In Black, Beats With Record Shipments, Shares Up 10%
China Sunergy (CSUN) is up about 10% this morning, adding to yesterday’s strong move above resistance. The company beat analyst estimates by a wide margin and got back in the black by reporting a non GAAP EPS of .16/share on revenues of $104.3 million. I’ll have to check on this when I have more time, but I believe that’s a record quarterly profit number for CSUN. Analysts expected just .10/share on revenues of $91.55. In … Read the rest
Borg Warner (BWA) Swings To Big Profit On Autos Recovery, Shares Soar
Borg Warner (BWA), which manufacturers auto parts to make cars more efficient, soared over 10% today after reporting strong earnings results as the US auto industry continues its remarkable recovery and the China auto industry remains red hot. The company smashed Wall St EPS estimates of .42/share by posting a non GAAP profit of .65/share, a whopping 642% increase over the year ago quarter. Revenues bounced back big over the year ago quarter too with … Read the rest
Power One (PWER) Vaults Another 20% After Earnings, Posts Record Revs
Power-One (PWER), which makes power conversion and management products for the renewable energy industry, has really been on a roll after breaking out of a cup with handle base on April 14th. It’s up about 40% in the past two weeks and may tack on another 20% tomorrow after beating Wall St earnings estimates after the bell today. It’s hard to believe this stock was just .33/share a year ago. The company reported its 2nd … Read the rest