4 Solar Stocks Brighten Up Trading Terminals Prior to Earnings

Suntech Power Holdings Co. Ltd. (NYSE:STP) will unveil its latest earnings on Tuesday, November 22, 2011.  The average estimate of analysts is for a loss of 21 cents per share, a swing from net income of 18 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 20 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 17 cents during the last month. For the year, analysts are projecting net loss of $1.72 per share, a swing from profit of 66 cents last year.

The company has missed estimates in the last two quarters. In the second quarter, it missed the mark by 35 cents as a result of reporting a loss of 19 cents against an estimate of net income of 16 cents per share. In the third quarter of the last fiscal year, the company fell short of forecasts by 18 cents. On average, analysts predict $774.6 million in revenue this quarter, a rise of 4.2% from the year ago quarter. Analysts are forecasting total revenue of $3.16 billion for the year, a rise of 9% from last year’s revenue of $2.9 billion.

Competitors to Watch: Trina Solar Limited (NYSE:TSL), Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE), First Solar, Inc. (NASDAQ:FSLR), JA Solar Hldgs. Co., Ltd. (NASDAQ:JASO), SunPower Corporation (NASDAQ:SPWRA), LDK Solar Co., Ltd (NYSE:LDK), China Sunergy Co., Ltd. (NASDAQ:CSUN), JinkoSolar Holding Co., Ltd. (NYSE:JKS), and Hanwha Solarone Co Ltd (HSOL).

LDK Solar Co. Ltd. (NYSE:LDK) will unveil its latest earnings on Tuesday, November 22, 2011. The average estimate of analysts is for net loss of 36 cents per share, a swing from net income of 72 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 23 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 9 cents during the last month. For the year, analysts are projecting a loss of 33 cents per share, a swing from profit of $2.27 last year.

The company missed estimates last quarter after beating forecasts in the prior two. In the second quarter, the company reported net loss of 24 cents per share versus a mean estimate of a loss of 20 cents per share. In the third quarter of the last fiscal year, the company beat estimates by 11 cents.  Analysts are projecting a decline of 8.7% in revenue from the year-earlier quarter to $616.9 million. Analysts seem relatively indifferent about LDK Solar with six of 11 analysts surveyed maintaining a hold rating.

Competitors to Watch: Trina Solar Limited (NYSE:TSL), ReneSola Ltd. (NYSE:SOL), JinkoSolar Holding Co., Ltd. (NYSE:JKS), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), JA Solar Hldgs. Co., Ltd. (NASDAQ:JASO), Canadian Solar Inc. (NASDAQ:CSIQ), Hanwha Solarone Co Ltd (HSOL), First Solar, Inc. (NASDAQ:FSLR), and MEMC Electronic Materials, Inc. (NYSE:WFR).

JA Solar Holdings, Co., Ltd. (NASDAQ:JASO) will unveil its latest earnings on Tuesday, November 22, 2011. The average estimate of analysts is for net loss of 2 cents per share, a swing from profit of 50 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 9 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 2 cents during the last month. For the year, analysts are projecting net income of 20 cents per share, a decline of 87.4% from last year.

Last quarter, the company missed estimates by 19 cents, coming in at a loss of 22 cents per share versus a mean estimate of net loss of 3 cents per share. In the first quarter, the company beat estimates by 4 cents. On average, analysts predict $379.2 million in revenue this quarter, a decline of 29.9% from the year ago quarter. Analysts are forecasting total revenue of $1.74 billion for the year, a decline of 2.2% from last year’s revenue of $1.78 billion.
Competitors to Watch: Trina Solar Limited (NYSE:TSL), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), LDK Solar Co., Ltd (NYSE:LDK), ReneSola Ltd. (NYSE:SOL), JinkoSolar Holding Co., Ltd. (NYSE:JKS), SunPower Corporation (NASDAQ:SPWRA), Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE), China Sunergy Co., Ltd. (NASDAQ:CSUN), and First Solar, Inc. (NASDAQ:FSLR).

Canadian Solar Inc. (NASDAQ:CSIQ) will unveil its latest earnings on Tuesday, November 22, 2011. The average estimate of analysts is for net loss of 51 cents per share, a swing from profit of 47 cents in the year earlier quarter. During the past three months, the average estimate has moved down from 10 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 8 cents during the last month. Analysts are projecting a loss of 42 cents per share versus net income of $1.16 last year.

Last quarter, the company fell short of estimates by 3 cents, coming in at profit of 24 cents per share against a mean estimate of net income of 29 cents. The company topped expectations in the first quarter. On average, analysts predict $496.9 million in revenue this quarter, a rise of 31.7% from the year ago quarter. Analysts are forecasting total revenue of $1.87 billion for the year, a rise of 24.7% from last year’s revenue of $1.5 billion.

Competitors to Watch: First Solar, Inc. (NASDAQ:FSLR), Trina Solar Limited (NYSE:TSL), SunPower Corporation (NASDAQ:SPWRA), JA Solar Hldgs. Co., Ltd. (NASDAQ:JASO), China Sunergy Co., Ltd. (NASDAQ:CSUN), Suntech Power Hldgs. Co., Ltd. (NYSE:STP), Hanwha Solarone Co Ltd (HSOL), Yingli Green Energy Hold. Co. Ltd. (NYSE:YGE), LDK Solar Co., Ltd (NYSE:LDK), and Evergreen Solar, Inc. (NASDAQ:ESLR).

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