GT Advanced Technologies Inc (GTAT) is expected to report earnings for last fiscal quarter after the closing bell on November 7, 2011.
GT Advanced Technologies Inc. provides polysilicon production technology and multicrystalline ingot growth systems, and related photovoltaic (PV) manufacturing services for the solar industry worldwide. The company was founded in 1994 and is based in Merrimack, New Hampshire.
52-Week High: $17.50
52-Week Low: $6.40
Book Value: $2.07
Float Short: 15.94%
A beat of $0.24 per share will top the estimated mean earnings. Analyst estimates range between $0.23 and $0.25 per share.
The current trailing twelve months (ttm) P/E ratio is 5.1 The forward P/E ratio is 5.1. Looking at the price movement over the last month, the stock has moved higher in price 2.46%, with a change from a year ago of -1.25%. When comparing to the S&P 500, the year-to-date difference is -10.47%.
For the same fiscal period year-over-year, revenue has improved to $898.98 million for 2011 vs. $544.25 million for 2010. The bottom line has rising earnings year-over-year of $174.76 million for 2011 vs. $87.26 million for 2010. The company's earnings before income and taxes are rising, with an EBIT year-over-year of $273.30 million for 2011 vs. $143.96 million for 2010.
Here is a look at the fiscal year revenue:
Gross reported revenue compared to the mean estimate (rounded).
|Fiscal Quarter Ending Month-Year||Revenue Estimates||Actual||$ Difference||Difference %|
|Jun-11||$ 225.98 M||$ 231.10 M||$ 5.12 M||2.27%|
|Mar-11||$ 223.74 M||$ 271.63 M||$ 47.89 M||21.4%|
|Dec-10||$ 251.90 M||$ 262.90 M||$ 11.00 M||4.37%|
|Sep-10||$ 200.75 M||$ 229.29 M||$ 28.54 M||14.22%|
|Jun-10||$ 73.76 M||$ 135.17 M||$ 61.41 M||83.26%|
The total short interest number of shares for GTAT:
The number of days to cover short interest based on average daily trading volume for GTAT.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.