SolarCity EPS Loss Expected To More Than Double

By | August 5, 2014

Scalper1 News

After three straight quarters of accelerating revenue growth, SolarCity (SCTY) is expected to post smaller growth when it reports Q2 earnings after the close Thursday. Analysts polled by Thomson Reuters expect Q2 revenue of $63.2 million, which would be up 66% from the year-earlier quarter. This follows year-over-year sales jumps of 52%, 99% and 112% the three prior quarters. Analysts expect the company to widen its loss to 99 cents a share ex Scalper1 News

Scalper1 News