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Solar stocks drop following Vivint's results/guidance

Nov. 11, 2014 12:15 PM ETVivint Solar, Inc. (VSLR) StockSPWR, CSIQ, CSUN, TAN, KWT-OLD, JKS, DQ, TSLA, ENPH, VSLR, RGSEQBy: Eric Jhonsa, SA News Editor14 Comments
  • Newly-public Vivint Solar (VSLR -21.6%) has nosedived after missing Q3 EPS estimates and guiding for Q4 revenue of $5.5M-$6.5M, below a $7.3M consensus. Installations are expected to fall to 45MW-47MW from Q3's 49MW.
  • Rivals SolarCity (SCTY -3%) and SunPower (SPWR -3.2%) are following Vivint lower, as are several other solar names. RGSE -6.2%. ENPH -5.7%. CSIQ -2.5%. JKS -2.2%. DQ -4.1%. CSUN -2.7%.
  • Solar ETFs: KWT, TAN

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Vivint Solar, Inc.