Capstone Turbine Corp Third Quarter Earnings Sneak Peek

Capstone Turbine Corp (NASDAQ:CPST) will unveil its latest earnings on Thursday, February 9, 2012. Capstone Turbine develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation applications.

Capstone Turbine Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of 2 cents per share, a narrower loss from the year earlier quarter net loss of 3 cents. During the past three months, the average estimate has moved down from a loss of one cent. Between one and three months ago, the average estimate moved down. It has been unchanged at a loss of 2 cents during the last month.

Past Earnings Performance: The company fell short of estimates last quarter after being in line with forecasts the quarter prior. In the second quarter, it reported a loss of 3 cents per share versus a mean estimate of 2 cents. Two quarters ago, it reported net loss of 3 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $29.4 million in revenue this quarter, a rise of 21.6% from the year ago quarter. Analysts are forecasting total revenue of $111 million for the year, a rise of 35.6% from last year’s revenue of $81.9 million.

Analyst Ratings: Analysts are bullish on this stock with four analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the second quarter, the company swung to a profit of $1.3 million (0 cents a share) from a loss of $1.9 million (one cent) a year earlier, but missed analyst estimates. Revenue rose 45.2% to $27.5 million from $18.9 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 46.8%, with the biggest boost coming in the first quarter when revenue rose 51.3% from the year earlier quarter.

Capstone Turbine’s profit last quarter followed losses in the three previous quarters. The company reported a loss of $2.9 million in the first quarter, a loss of $28.8 million in the fourth of the last fiscal year and a loss of $8.1 million in the third quarter of the last fiscal year.

Stock Price Performance: During December 6, 2011 to February 3, 2012, the stock price had risen 19 cents (17.1%) from $1.11 to $1.30. The stock price saw one of its best stretches over the last year between March 14, 2011 and March 23, 2011 when shares rose for eight-straight days, rising 29.2% (+47 cents) over that span. It saw one of its worst periods between November 15, 2011 and November 25, 2011 when shares fell for eight-straight days, falling 28.9% (-37 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com