Tag Archives: scty

SolarCity Sees Loss Ahead, First Solar Plots Strategy

SolarCity’s Q1 outlook disappointed late Tuesday while First Solar prepared to brief analysts Wednesday on challenges ahead. But investors are still betting on a sunny future for the industry. IBD’s Energy-Solar group, ranked No. 2 of 197, rose 5% this week ahead of those reports, helped by Q4 earnings Monday from Chinese solar cell maker JA Solar (JASO). SolarCity (SCTY), a U.S. home-and-business rooftop solar installer backed and chaired by

SolarCity To Consult, Sell In Best Buy Stores

SolarCity (SCTY) on Wednesday announced a partnership with Best Buy (BBY) to launch in-store residential solar-panel consulting and sales in more than 50 of the retailer’s locations. “A SolarCity representative at each participating Best Buy location will be able to provide Best Buy customers with a satellite-based assessment of their home’s solar power potential in minutes,” SolarCity wrote in a Wednesday blog post. SolarCity stock was up 6.5% in

First Solar Plunges On Q4 Earnings, Revenue Miss

First Solar, the No. 2 company by market cap in IBD’s No. 1-ranked industry group, saw its stock get burned after hours Tuesday, after the company posted Q4 earnings and revenue that missed views, as did its sales guidance. The solar panel maker’s stock was down 12% after its results, a day after the No. 1 company in that group, SolarCity (SCTY), also fell after hours when it surprised investors with word that it would delay its full earnings