Original post:
Eric Savitz is back to work and jumps right in. Here are three posts from Tech Trader Daily:
Cree FY Q4 Revs, EPS Top Ests; Outlook Tops Consensus
JASO, SOL, LDK Reports Make Tomorrow Key For SolarsNice quarter for Cree Research (CREE), the LED lighting specialist.
For the fiscal fourth quarter ended June 28, the company posted revenue of $148.1 million and non-GAAP profits of 18 cents a share. The Street had been expecting $146.5 million and 17 cents....MORE
Applied Materials FY Q3 Results Top EstimatesTomorrow, the solar sector will receive a flurry of earnings reports, with June quarter results due before the open from JA Solar (JASO) and ReneSola (SOL), and LDK Solar (LDK) expected to report after the closing bell. All three stocks are trading modestly lower on Tuesday.
Barclays Capital analyst Vishal Shah writes in a research note today that he maintains his cautious stance on the sector heading into tomorrow’s reports. He contends that expectations are high, and that there is downside risk to shipment and margin guidance for some Chinese solar players....MORE
And a special bonus link:
AMAT Sees FY Q4 Profit; Revs Up 10%-20% Vs. Q3
