racer26
Active Member
SCTY stays over 20 and TSLA stays over 190? I'll take it. That could have been a lot worse.
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Right so the ITC extension / allow oil export was a deal struck for bipartisan agreement. But now the Republicans control all of congress and White House. If they choose to revisit the issue no deal will be necessary. They will do what ever they want. They could get rid of ITC credit anytime they choose over the next 2 years at least. In the end, it is just legislation.
I don't think Adelson is going to go out of his way to kill solar. I believe he was a major force behind passing the kill NV Energy monopoly act.
Democrats still have a veto in the senate. There are ways around it, like reconciliation, but it isn't trivial or easy to do.
Yeah i meant in the context of, "unless a donor of Adelson like influence" really wants to hurt solar. There aren't that many in the Adelson echelon of influence.
Ulmo
Active Member
SolarCity - Current Report: "GAAP profit in the third quarter of 2016 was $53 million, and GAAP Earnings per Diluted Share was $0.48." "Non-GAAP Earnings per Share was ($2.27) per share."
Here's a news media interpretation: CNBC: SolarCity results: loss of $2.27 per share vs. expectation of loss of $2.29 a share which befuddles me since I thought the bears liked to say "But what's the GAAP?!".
ThinkorSwim estimate was ($2.349) EPS.
They have a table that I will defer to others to explain, that shows GAAP Net Loss "Attributable to Non-Controlling Interests and Redeemable Non-Controlling Interests" of ($2.77) per share. Is that stuff they spent, will spend, or what?
I compared it to Q2, and in Q2 the GAAP EPS was ($0.56).
They also said in Q3 cash balance increased, and is now a quarter billion, which is $2.57/share.
ThinkorSwim has this one liner: "Solar City Sees Q4 EPS ($2.65)-($2.55) vs. Est. ($2.43)." I guess this has to do with just reporting things currently in the finalized part of the pipeline, but there's a bundle of activity that will happen once merged that blow the next few years out of the water, right? I wonder what effect that has on Q4.
Here's a news media interpretation: CNBC: SolarCity results: loss of $2.27 per share vs. expectation of loss of $2.29 a share which befuddles me since I thought the bears liked to say "But what's the GAAP?!".
ThinkorSwim estimate was ($2.349) EPS.
They have a table that I will defer to others to explain, that shows GAAP Net Loss "Attributable to Non-Controlling Interests and Redeemable Non-Controlling Interests" of ($2.77) per share. Is that stuff they spent, will spend, or what?
I compared it to Q2, and in Q2 the GAAP EPS was ($0.56).
They also said in Q3 cash balance increased, and is now a quarter billion, which is $2.57/share.
ThinkorSwim has this one liner: "Solar City Sees Q4 EPS ($2.65)-($2.55) vs. Est. ($2.43)." I guess this has to do with just reporting things currently in the finalized part of the pipeline, but there's a bundle of activity that will happen once merged that blow the next few years out of the water, right? I wonder what effect that has on Q4.
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That's a GAAP profit btw. Things might get interesting, that's pretty much a mic drop I think.
Calvin.K
Member
Events & Presentations - SolarCity
solarcity earnings are up!
edit, looks like I was late to the party..
solarcity earnings are up!
edit, looks like I was late to the party..
If it was an individual bill yes. Not sure how much leeway budget reconciliation gives them to work around this.
SebastianR
Active Member
Are there still people thinking that SCTY is a bad deal now? With these results and this guidance?
Democrats can always filibuster. Republicans have done it plenty of times during Obama's reign.
Last time I looked 13/14 analysts recommended HOLD for SCTY, guessing this is enough to change some of their minds. 5 trading days between now and the merger, anyone want to guess where SCTY will be by 17th?
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