Tag Archives: smartheat

Smartheat (HEAT) Beats & Raises Guidance

SmartHeat (HEAT) posted results after the bell and beat estimates by a bit with an EPS of .34/share vs the analyst estimate of .32/share on revenues of $51.50 million vs the estimate of $50.50 million.  While the revenue number represents a 36% jump over the year ago quarter, the EPS number was 6% shy of the year ago quarter, so not a great quarter but a beat nonetheless.

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SmartHeat (HEAT) Beats, Reaffirms Guidance

SmartHeat (HEAT) investors could use some good news.  They have been burned in recent months with the stock dropping from a high of $18.60 in January to below $6 last week.  The company provided some this morning, beating analyst estimates of .03/share by posting .05/share on revenues of $9.4 million.  That’s a 50% revenue bump over the year ago quarter, but the EPS is flat, so even though HEAT beat, the growth stalled out.  The … Read the rest

SmartHeat (HEAT) Misses Estimates, Sees Strong 2010

SmartHeat (HEAT) posted huge quarter over quarter growth this morning, but that’s compared to an unusually weak Dec 08 quarter and the company missed analyst estimates of .14/share by posting an adjusted EPS of .10/share.  Revenues came in at $26 million.  No question, it was a real good quarter from HEAT, but traders were looking for more with the stock down 12% today. 

CEO James Wang commented on the industry and economic conditions: “China’s energy … Read the rest

SmartHeat (HEAT) On Fire After Reporting Record Earnings

SmartHeat (HEAT) which makes products to increase energy efficiency is on fire today after reporting another quarter of big growth.  Earnings doubled over the year ago quarter to .36/share on revenues of $37.8 million which is an 83% increase over the year ago quarter.  Both are records for the company. 

The CEO commented on the strong quarter..

“Our third quarter financial results are the result of a favorable market environment for our industry … Read the rest

China Energy Efficiency Play Breaks Out: Smartheat (HEAT)

The one-two combo of being a China green stock has proved to be a winning combo of late and one such stock is relatively off the radar.  The company is SmartHeat (HEAT). The stock broke out of a base Monday with heavy volume ahead of its earnings report this morning.  The results?  The company posted a quarter over quarter EPS surge of 267%.  Granted, it’s a very small company, but that may not be the … Read the rest