A123 Systems, Inc. Second Quarter Earnings Sneak Peek

A123 Systems, Inc. (NASDAQ:AONE) will unveil its latest earnings on Thursday, August 4, 2011. A123 Systems, Inc. designs, develops, manufactures and sells advanced rechargeable lithium-ion batteries and battery systems for hybrid electric vehicles, or HEVs, plug-in hybrid electric vehicles, or PHEVs and electric vehicles, or EVs.

A123 Systems, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 41 cents per share, a wider loss from the year earlier quarter net loss of 33 cents. During the past three months, the average estimate has moved down from a loss of 39 cents. Between one and three months ago, the average estimate moved down and dropped from a loss of 40 cents during the last month.

Past Earnings Performance: The company enters this earnings report having missed estimates the last four quarters. Last quarter, the company fell short of expectations by 6 cents, reporting a loss of of 51 cents per share against a mean estimate of net loss of 45 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $35.6 million in revenue this quarter, a rise of 57.4% from the year ago quarter. Analysts are forecasting total revenue of $194.6 million for the year, a rise of 99.9% from last year’s revenue of $97.3 million.

Analyst Ratings: Analysts are bullish on A123 Systems as six analysts rate it as a buy, two rate it as a sell and six rate it as a hold.

Key Stats:

Revenue has fallen in the past two quarters. In first quarter, revenue declined 26% to $18.1 million from the year earlier quarter. In the fourth quarter of the last fiscal year, the figure fell 2.1%.

Competitors to Watch: Valence Technology, Inc. (NASDAQ:VLNC), Ener1, Inc. (NASDAQ:HEV), EnerSys (NYSE:ENS), Advanced Battery Tech., Inc. (NASDAQ:ABAT), Ultralife Corp. (NASDAQ:ULBI), Arotech Corporation (NASDAQ:ARTX), China Ritar Power Corp. (NASDAQ:CRTP), Johnson Controls, Inc. (NYSE:JCI), and Exide Technologies (NASDAQ:XIDE).

Stock Price Performance: During June 2, 2011 to July 29, 2011, the stock price had fallen 66 cents (-11.4%) from $5.79 to $5.13. The stock price saw one of its best stretches over the last year between May 23, 2011 and May 31, 2011 when shares rose for six-straight days, rising 13.5% (+73 cents) over that span. It saw one of its worst periods between June 2, 2011 and June 10, 2011 when shares fell for seven-straight days, falling 21.9% (-$1.27) over that span. Shares are down $4.41 (-46.2%) year to date.

(Source: Xignite Financials)

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