A123 Systems Inc. Third Quarter Earnings Sneak Peek

A123 Systems, Inc. (NASDAQ:AONE) will unveil its latest earnings on Monday, Wednesday, November 9, 2011. A123 Systems 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 37 cents per share, a narrower loss from the year earlier quarter net loss of 42 cents. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month.

Past Earnings Performance: Last quarter, the company fell short of estimates by 3 cents, coming in at a loss of 44 cents a share versus the estimate of net loss of 41 cents a share. It was the fourth straight quarter of missing estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of more than twofold in revenue from the year-earlier quarter to $66.3 million.

Analyst Ratings: eight out of 12 analysts surveyed (66.7%) have a buy rating on A123 Systems.. This is below the mean analyst rating of 10 competitors, which average 83.8% buy ratings. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

A Look Back: In the second quarter, the company’s loss widened to a loss of a $55.4 million (44 cents a share) from a loss of $34.2 million (33 cents) a year earlier, missing analyst expectations. Revenue rose 60.8% to $36.4 million from $22.6 million.

Key Stats:

A year-over-year revenue increase in the second quarter snapped a streak of two consecutive quarters of revenue declines. Revenue fell 26% in the first quarter and 2.1% in the fourth quarter of the last fiscal year.

Competitors to Watch: Valence Technology, Inc. (NASDAQ:VLNC), Ener1, Inc. (NASDAQ:HEV), EnerSys (NYSE:ENS), Advanced Battery Tech., Inc. (NASDAQ:ABAT), C&D Technologies, Inc. (CHHPD), 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 September 8, 2011 to November 3, 2011, the stock price had fallen $1.30 (-26.9%) from $4.83 to $3.53. 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. The stock price saw one of its best stretches over the last year between August 22, 2011 and August 29, 2011 when shares rose for six-straight days, rising 25.2% (+99 cents) over that span. Shares are down $6.01 (-63%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.