Powersecure (POWR) reported mixed results last night. The company reported a non GAAP EPS of .02 which includes financials of the recently sold Southern Flow division (which led to a big pop in the stock Wednesday). That EPS number was better than the flat quarter analysts expected, but the company missed just a bit on the revenue side posting $26.5 million vs the analyst estimate for $27.6 million. However, the record revenue backlog of $150 … Read the rest
Tag Archives: earnings
Clean Energy Fuels (CLNE) Surging After Earnings Beat, Bottom May Be In
Clean Energy Fuels (CLNE) continues to show signs that a long term bottom is in place and will get another surge at the open this morning after the company beat analysts estimates on both the top and bottom line. The company posted a non GAAP EPS of .17/share on revenues of $83 million which was better than the analyst estimates for .16/share in EPS on revenues of $70 million. It’s the first quarter of profitability … Read the rest
Ener1 (HEV) Up Big Pre-Market After Posting Strong Revs, Margins
Shares of Ener1 (HEV) are getting a nice boost in pre-market trading after the company reported much better than expected earnings results last night. Surprisingly, the company didn’t post its EPS number, but revenues were much better than the analyst estimate of $24.5 million at $33 million (a 200% increase over the year ago quarter). I’ll update this post with the EPS number as soon as it’s available, but I’d expect it to be much … Read the rest
Canadian Solar (CSIQ) Plunges On EPS Miss, Flat Guidance
Canadian Solar (CSIQ) missed EPS estimates this morning sending the stock reeling nearly 20% and putting pressure on many solar stocks across the board. The company reported revenues of $453 million which beat analyst estimates for $417 million, but missed on the EPS side posting .58/share vs the expectation for .65/share. It still represented big quarter over quarter growth and healthy sequential growth, but clearly traders were looking for more.
Comverge (COMV) Posts Mixed Results, But Surprised With Non GAAP EPS Profit
Demand response company Comverge (COMV) got a pop in early trading this morning after the company posted mixed results, but also posted a surprise non GAAP quarterly profit which is the first in company history. However, most of the gains had evaporated by the end of the day.
The company reported a non GAAP EPS of .04/share on revenues of $37 million while analysts expected an EPS loss of .02 on revenues of $39 … Read the rest
China Ming Yang (MY) Capitalizing On China’s Wind Energy Growth, Smashes Estimates
China Ming Yang Wind Power Group (MY) reported strong Q4 2010 earnings results this morning, smashing estimates in the process. The company reported an EPS of .28/share on revenues of $260 million. That was well ahead of the analysts consensus estimate for .15/share on revenues of $221 million. The quarter was a huge improvement over the year ago quarter with a more than 5 fold jump in revenues. It also marks the 4th straight quarter … Read the rest
Daqo New Energy (DQ) Beats, But Giving Back Gains
Daqo New Energy (DQ) beat analyst estimates this morning, posting huge quarter over quarter growth in the process. Shares of DQ initially surged at the open, up around 5%, but have gone the way of Jinko Solar (JKS) and given it all back and then some. The company reported an EPS of .95/share on revenues of $81.9 million vs the analyst estimate for .71/share on revenue of $75 million. The result was better than … Read the rest
ReneSola (SOL) Beats, But Plunges On Missed Rev Guidance
Shares of ReneSola (SOL) were hammered today, down nearly 17%, after the company reported strong earnings results, but weaker guidance than what the Street was expecting. The company reported another quarter of big quarter over quarter growth with an EPS of .69 on revenues of $386 million. That matched analyst estimates on the EPS side and beat estimates on the revenue side (analysts expected $366 million). However, traders sold the stock due to weak … Read the rest
A123 Systems (AONE) Misses, But Sees Q2 Pick Up
As expected A123 Systems (AONE) reported another loss, but it was larger than analysts had expected. The company reported and EPS loss of $0.43/share on revenues of $24 million. Analysts expected a loss of $0.37 share on revenues of $26 million.
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The CEO remains optimistic that the pieces are in place for big growth in the coming years, but didn’t give specific guidance for this … Read the rest
First Solar (FSLR) Reported Mixed Results, But Raised Guidance
I was out late last week, so wasn’t able to get a report on First Solar (FSLR) earnings out, but taking a look at it now, it wasn’t a great quarter, but not bad either. The company reported mixed results beating on the EPS side, but missing on the revenue side. First Solar reported an EPS of $1.80 (vs the estimate for $1.67) on revenues of $610 (analysts expected $647.
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