A123 Systems, Inc. will unveil its latest earnings on Thursday, March 8, 2012. A123 Systems designs, develops, manufactures, and sells advanced rechargeable lithium-ion batteries and battery systems for hybrid electric vehicles, or HEVs, plug-in hybrid electric vehicles, or PHEVs, and electric vehicles, or EVs.
A123 Systems, Inc. Earnings Preview Cheat Sheet
During the past three months, the average estimate has moved down from a loss of 40 cents. Between one and three months ago, the average estimate moved down. It also has dropped from a loss of 42 cents during the last month.
Past Earnings Performance: The company enters this earnings report having missed estimates the last four quarters. Last quarter, the company fell short of expectations by 14 cents, reporting a loss of of 51 cents per share against a mean estimate of net loss of 37 cents per share.
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Wall St. Revenue Expectations: Analysts predict a rise of more than twofold in revenue from the year-earlier quarter to $48.7 million.
A Look Back: In the third quarter, the company’s loss widened to a loss of a $63.7 million (51 cents a share) from a loss of $43.7 million (42 cents) a year earlier, missing analyst expectations. Revenue rose more than twofold to $64.3 million from $26.2 million.
A123 Systems‘ revenue has increased for two consecutive quarters. In the second quarter, the figure rose 60.8%.
A123 Systems‘ gross margin shrank by 18.7 percentage points in the in the third quarter. Revenue rose 145.3% while cost of sales rose 186.4% to $83.9 million from a year earlier.
Stock Price Performance: Between December 5, 2011 and March 2, 2012, the stock price fell 37 cents (-16.9%), from $2.19 to $1.82. It saw one of its worst periods between November 7, 2011 and November 16, 2011 when shares fell for eight straight days, dropping 26.5% (-86 cents) over that span. The stock price saw one of its best stretches over the last year between August 22, 2011 and August 29, 2011, when shares rose for six straight days, increasing 25.2% (+99 cents) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
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