Solar Stocks Earnings

In the news:

Solar Industry Earnings Will Disappoint (FSLR, SPWRA, ENER, CSIQ, ESLR)

Deutsche Bank solar analyst Steve O'Rourke is warning clients to watch out for weak Q2 results in the solar industry.

Module shipments and installations are up, but not in line with what many people are expecting. The continued drop in module prices, as well as limited availability to credit are going to weigh on solar earnings. O'Rourke sees write downs in inventory and receivables.

The second half of the year will be better, but not be good enough to match guidance provided by most solar companies. So, watch out for lowered guidance numbers. Also, he warns that margins and profits will be squeezed.
Source

Labels: Earnings, solar, solarstocks

posted by Ertai at 12:54 PM