Yingli Green Energy (YGE) is down about 7% this morning after reporting another big surge in revenues, but missing analyst estimates on the EPS side. The company reported an adjusted non GAAP EPS of .13/share which missed by a penny and is flat over the year ago quarter. Revenues were much better at $370 million, representing a 44% increase over the year ago quarter and well ahead of the $326 million estimate.
Here are … Read the rest
Comverge (COMV) reported a non GAAP EPS of -.02/share this morning which is slightly more than the analyst estimate of a .01/share loss. Revenues matched analyst estimates at $40.8 million which is a record for the company. While revenues increased 18% over the year ago quarter, the company did report a .28/share profit a year ago and the company said that historically, its 4th quarter is the best due to recognition of their Virtual Peaking … Read the rest
Solarfun Power (SOLF) reported Q4 results about inline with expectations. The company reported an EPS of $0.25 which was one cent better than analyst estimates. Revenue for the quarter was $183.5 million, which compares to the estimate of $184.55 million. The results were very similar to what most of the China solar companies are reporting.. big improvements over the year ago quarter and significant sequential improvement. There is one difference with SOLF in that … Read the rest
Fuel Systems Solutions (FSYS) has reported impressive quarterly results this morning, beating analyst estimates in the process. The company reported an EPS of $1.12 (vs estimates of .98/share) on revenues of $163.7 million (vs estimates of $158.7 million). That’s nearly a double in revenues over the year ago quarter and represents the 3rd straight sequential improvement. On the EPS side, the number improved many times over from the year ago quarter when the company … Read the rest
Suntech Power (STP) has absolutely crushed analyst estimates this morning reporting an EPS of .27/share (vs estimates of .11/share) on revenues of $583.6 million (vs estimates of $468). That’s a complete 180 from the year ago quarter when the company posted a .27/share loss. Revenues have now improved sequentially three straight quarters.
Some highlights of comments from the CEO:
– highest quarterly shipment volume in history, continues to expand market share
– cost cutting measures … Read the rest
Darling Intl (DAR) reported results after the bell today that were considerably below analyst estimates. The company reported a Q4 EPS of $0.11, versus the analyst estimate of $0.17 on revenues of $149.6 million, vs the estimate of $163.18 million. That’s a big improvement on the EPS side from the year ago quarter in which the company reported a -.04/share loss, but revenues were flat. Shares are down about 8% AH on the miss.
The … Read the rest
While Canadian Solar (CSIQ) posted record revenues this morning and excluding one time forex losses beat analyst estimates on the EPS side by a penny. Shares are up about 3% in premarket trading.
The company posted an EPS of .47/share on surging revenues of $287 million which is a record for the company and ahead of the estimate of $267 million. Sequentially, it’s the 3rd straight improvement for CSIQ and a huge improvement over the … Read the rest
Trina Solar (TSL) has posted strong earnings results this morning, beating analyst estimates by a decent margin. The company posted .74/share on revenues of $313 million. Analysts were looking for only .60/share on revenues of $283 million. The quarter was a big improvement over the year ago period when the company reported just .26/share and also represents a nice bump sequentially. Earnings increased about 15% and revenues 25% over last quarter.
The quarter was … Read the rest
Covanta Holding (CVA), the waste to energy giant, reported less than stellar results after the bell today missing analyst estimates across the board. The company reported an EPS of .18/share which missed analyst views of .23/share, but was a 20% improvement over the year ago quarter. Revenues missed as well at $407 million ($20 million shy of analyst estimates) and were off 2% from the year ago quarter. All in all, not an awful quarter … Read the rest
This morning China Wind Systems (CWS) posted preliminary results for the full year 2009. It should be noted that these are preliminary, unaudited results. The company will release official results sometime in the next month.
The company expects full year 2009 revenues to come in at $53.4 million (or $15.8 million for the quarter) and the EPS at .34/share (or .13/share for the quarter). Those numbers represent a 26% and 33% jump over 2008 levels. … Read the rest