- SolarCity (SCTY): Q2 EPS loss of $0.43, misses by $0.05.
- Revenue of $46.6M.
- Solar City (SCTY) Q2 misses on the bottom line on higher than anticipated losses.
- Residential megawatts deployed grew 144% Y/Y.
- Estimated nominal contracted payments up to $1.4B.
- Positive net cash flow of $19M.
- Cumulative Energy Contracts signed and outstanding increased 105% over the prior year to 54,650.
- Cumulative Customers grew to 64,411, up 97%.
- Looking forward, the company increases its EPS loss estimates for Q3, now anticipating an EPS loss of between $0.50 - $0.60, higher than analysts expectations for a $0.38 per share loss.
- Shares -7.6% AH.
Below these are the Solar stocks I am follow on 2013.
Solar Stocks List
Solar Pure Plays:
•SunPower Corporation (Nasdaq: SPWR)
•First Solar Inc. (Nasdaq: FSLR)
•Evergreen Solar (Nasdaq: ESLR)
•SunTech Power Holdings (NYSE: STP)
•Trina Solar (NYSE: TSL)
•Solarfun Power Holdings (Nasdaq: SOLF)
•Canadian Solar Inc. (Nasdaq: CSIQ)
•JA Solar Holdings (Nasdaq: JASO)
•China Sunergy (Nasdaq: CSUN)
•LDK Solar (NYSE: LDK)
•ReneSola Ltd. (NYSE: SOL)
Smaller companies with Solar exposure:
•Energy Conversion Device (Nasdaq: ENER)
•Hoku Scientific (Nasdaq: HOKU)
•Daystar Technologies (Nasdaq: DSTI)
•Spire Corporation (Nasdaq: SPIR)
Solar Energy ETFs:
•Market Vectors Solar Energy ETF (KWT)
•Claymore/MAC Global Solar Energy (TAN)
Bigger companies with Solar exposure:
•MEMC Electronics (NYSE: WFR)
•General Electric Co. (NYSE: GE)
•Boeing Co. (NYSE: BA)
•British Petroleum (NYSE: BP)
•Royal Dutch Shell (NYSE: RDS-B)
•Kyocera (NYSE: KYO)
•Applied Materials (Nasdaq: AMAT)
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