Beacon Equity Research announces the release of Stock Alerts covering advancing solar providers and manufacturers: First Solar Inc. (Nasdaq: FSLR), Evergreen Solar Inc. (Nasdaq: ESLR), Canadian Solar Inc. (Nasdaq: CSIQ), JA Solar Holdings Co. Ltd. (Nasdaq: JASO), Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) and LDK Solar Co. Ltd. (NYSE: LDK).
The stock alert features the most recent headlines, share price and technical analysis for each covered company. The full alert, as well as other articles, market research and more can be found at BeaconEquity.com
In the Stock Alert, the author highlights First Solar’s first-quarter revenue:
“Shares of First Solar Inc. (FSLR) jumped 17.99% this morning, trading at $178.93. The company today posted its first-quarter profit after the closing bell yesterday, reporting earnings per share (EPS) of $1.99, mocking mean analysts' estimates reported by Thomson Reuters who expected $1.51 per share. … Revenue more the doubled in the quarter from the first quarter last year to $418.2 million, also beating the mean analysts' estimate of $399.9 million. … Income tax expense dropped to $5.14 million from $18.6 million last year, as the company benefited from low tax rates from its manufacturing operation in Malaysia.”
The Stock Alert author also featured Evergreen Solar’s outperforming Nasdaq since March:
“Evergreen Solar Inc. (ESLR) shares surged 9.13% in today’s early trading, moving to $2.39. The rebound in Evergreen Solar has risen strongly during the recent overall stock rally beginning March 10, as the company’s stock price has outperformed the Nasdaq since this date. … Since the March 9 closing low of 1,268, the Nasdaq has retraced 34.9% higher from its March lows, settling on Tuesday to 1,711. ESLR, on the other hand, has rebounded 119% to $2.19 as of Wednesday’s close, compared with $1 as of the close of trading on March 9. … Evergreen Solar develops, manufactures and markets solar power products enabled by its String Ribbon technology. The company’s revenues are primarily derived from the sale of solar modules, which are assemblies of photovoltaic (PV) cells that have been electrically interconnected and laminated in a physically durable and weather-tight package.”
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Beacon Equity Research
Jeff Bishop, (469)-252-3505
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