Tag Archives: mehdi hosseini

Analysts Slash Estimates On Sunpower (SPWRA, SPWRB) Ahead of Earnings

Sunpower (SPWRA, SPWRB) will report earnings on Thursday after the bell and analysts are rushing in to slash estimates ahead of the earning announcement.  According to Barron’s, Friedman Billings Ramsay, Thomas Weisel Partners and Pacific Crest all issued warnings this morning.

– Mehdi Hosseini of FBR reiterated his Market Perform rating but cut his 09 EPS estimate to $2.06 from $3.02 due to slow demand in Italy and the US.

– Jeff Osborne of … Read the rest

Trina Solar (TSL) Raises Guidance

As if to provide a large middle finger to FBR analyst Mehdi Hosseini, who yesterday cut the target price of Trina Solar (TSL) in half based on silicon supply shortages, Trina Solar (TSL) is out this morning actually raising its guidance, citing strong sales and distribution of products.  The company now expects 3rd quarter revenues in the range of 285 – 294 million, up from a range of 250 -265.

“We expect to strengthen … Read the rest