Suntech Power Holdings Co., Ltd. (NYSE:STP) is due to report earnings before the opening bell on Monday, August 22.
STP trades an average of 2.91 million shares per day, and has a market cap of $1.21 billion.
Suntech Power engages in the design, development, manufacture, and marketing of photovoltaic (PV) products. Suntech Power is headquartered in Wuxi, China.
Recent Price: $6.42
52 Week High: $10.83
52 Week Low: $5.45
Book Value: $10.48
On average, analysts are expecting $0.20 per share, a drop of $-0.16 in earnings per share compared to last quarter's results of $0.36. In the last month, the stock has decreased in price -7.07 %; in the last quarter, it has returned -10.91%, with a one year change of -23.43%.
Comparing to the S&P 500 price changes, the price performances are 0.72% vs. the S&P 500 from a month ago, -20.74% vs. the S&P 500 from six months ago, and the year to date difference is -12.66% vs. the S&P 500 price change.
The company has rising revenue year-over-year of $2.90 billion for 2010 vs. $1.69 billion for 2009. The bottom line has rising earnings year-over-year of $236.90 million for 2010 vs. $85.60 million for 2009. The company's earnings before income and taxes are rising with an EBIT year-over-year of $197.20 million for 2010 vs. $174.00 million for 2009.
The annual growth rate of revenue is 71.6%.
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Mar-11||$ 864.51 M||$ 877.00 M||$ 12.49 M||1.44%|
|Dec-10||$ 840.62 M||$ 945.08 M||$ 104.46 M||12.43%|
|Sep-10||$ 713.59 M||$ 743.67 M||$ 30.08 M||4.22%|
|Jun-10||$ 626.62 M||$ 625.14 M||$ -1.48 M||-0.24%|
|Mar-10||$ 585.99 M||$ 588.03 M||$ 2.04 M||0.35%|
Reported earnings per share compared to the mean estimate. Differences are rounded.
|Fiscal Quarter Ending Month-Year||Estimate||Actual||Difference||Difference %|
I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, Google Finance, MSN Money, CNBC, Zacks and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.