SolarCity Expenses, Seasonality Seen Impacting Q1

By | May 4, 2015

Scalper1 News

No. 1 residential solar installer SolarCity (SCTY) is expected to see a decline in revenue and a bigger per-share loss when its reports Q1 results after the market close Tuesday. Analysts polled by Thomson Reuters forecast a per-share loss of 1.58 excluding items, compared with an 82-cent per-share loss in the year-earlier quarter. Revenue is expected to fall 9% to $57.7 million. For Q1, SolarCity forecast lease and incentive revenue of $47 to $52 Scalper1 News

Scalper1 News