GT Solar (SOLR) is seeing just a bit of positive pre-market action on news it has released new high performance ingot growth furnace for the solar industry providing 15% increased throughput, energy efficiency and higher quality. The new DSS450HP ingot furnace begin shipping this month and are expected to be installed at customer sites in May.
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“Our DSS450HP furnace delivers a new level of performance that … Read the rest
The StreetInsider.com has a great run down of analyst reactions to First Solar’s (FSLR) guidance last night. The company guided higher and announced significant expansion plans over the next two years. The following is reprinted with permission.
Piper Jaffray: “While strong 2010 top-line guidance and newly announced capacity expansion are positives, a substantially higher mix of lower margin systems business is expected to prevent both margin and EPS expansion in 2010. FSLR remains the … Read the rest
First Solar (FSLR) will issue 2010 guidance in a webcast on Wednesday and analysts are weighing in ahead of the event.
Hat tip to StreetInsider for following the analyst comment from Pacific Crest:
Mark Bachman at Pacific Crest really went out on a limb and said the meeting should have one of two results – “up or down.” He said 2010 capex and 2011 EPS are the key metrics at the event. Long-term investors will … Read the rest
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