Preliminary Financial Results, Business Collaborations, Earnings Releases and Prestigious Recognitions - Analyst Notes on NVIDIA, SolarCity, Groupon, Pepco and PG&E
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NEW YORK, May 9, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding NVIDIA Corporation (NASDAQ: NVDA), SolarCity Corporation (NASDAQ: SCTY), Groupon, Inc. (NASDAQ: GRPN), Pepco Holdings, Inc. (NYSE: POM) and PG&E Corporation (NYSE: PCG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2231-100free.
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NVIDIA Corporation Analyst Notes
On May 6, 2014, NVIDIA Corporation (NVIDIA) reported its preliminary financial results for Q1 FY 2015 (period ended April 27, 2014) ahead of the scheduled release of final numbers on May 8, 2014, as a draft of the same was accidentally emailed to an internal distribution list of about 100 individuals. NVIDIA stated that it expected its Q1 FY 2015 net income to rise to $136.5 million, or $0.24 per share, from $77.9 million, or $0.13 per share, in Q1 FY 2014. The adjusted EPS is expected to come at $0.29 versus $0.18 in year-ago quarter. The Company also expects revenue of $1.10 billion, up 15.5% YoY in the quarter. On average, analysts polled by Reuters expected the Company to report adjusted EPS of $0.17 on revenues of $1.06 billion. On the same day, the Company's stock closed at $18.25, down 2.04%. The full analyst notes on NVIDIA are available to download free of charge at:
http://www.analystsreview.com/2231-NVDA-09May2014.pdf
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SolarCity Corporation Analyst Notes
On May 5, 2014, SolarCity Corporation (SolarCity) announced that it has teamed up with Carrier, a leader in high-technology heating, air-conditioning and refrigeration solutions, to make high-efficiency, solar-powered heating and cooling solutions far more accessible and affordable for homeowners. SolarCity stated that this collaboration comes on the backdrop of false assumption in the market that greener products must be more expensive than less sustainable options. As per the agreement, SolarCity will provide Carrier customers the option to lower their energy costs by powering their heating, ventilation and air conditioning (HVAC) systems with solar electricity that costs less than utility power rates. The Company mentioned that the cost savings help to offset the costs of swapping to a cleaner and more comfortable indoor air solution. The full analyst notes on SolarCity are available to download free of charge at:
http://www.analystsreview.com/2231-SCTY-09May2014.pdf
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Groupon, Inc. Analyst Notes
On May 6, 2014, Groupon, Inc. (Groupon) announced financial results for Q1 2014. Registering a growth of 26.0% YoY, the revenues of the Company stood at $757.6 million, surpassing the street's estimates as worldwide billings increased 29.1% to all-time high of $1.82 billion. Groupon's loss in Q1 2014 widened to $37.8 million, or $0.06 per diluted share, from $4.0 million, or $0.01 per diluted share, in Q1 2013. On non-GAAP basis, the Company posted net loss per share of $0.01. Analysts had expected the Company to report an adjusted diluted loss per share of $0.03 on revenues of $738 million, according to a Reuters' poll. Groupon expects its Q2 2014 adjusted diluted EPS in the range of $0.00 and $0.02 on revenues between $725 million and $775 million. Analysts polled by Reuters expected the Company's Q2 2014 revenue and adjusted EPS at $754 million and $0.03, respectively. The full analyst notes on Groupon are available to download free of charge at:
http://www.analystsreview.com/2231-GRPN-09May2014.pdf
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Pepco Holdings, Inc. Analyst Notes
On May 02, 2014, Pepco Holdings, Inc. (Pepco) announced that U.S. Environmental Protection Agency (EPA) has acclaimed PHI Utilities as 2014 Energy Star Partners of the Year in energy efficiency program delivery. The Company stated that Pepco and Delmarva Power received awards for environment protection through superior residential energy efficiency programs. Pepco stated that it has been recognized for exceptional contributions in lowering greenhouse gas emissions by delivering energy efficiency programs, information and services to its customers. Hallie Reese, Vice President, Customer Care, PHI, said, "PHI companies are dedicated to our partnership with ENERGY STAR. Through our suite of residential energy efficiency programs - Lighting Program, Appliance Rebate, Appliance Recycling, HVAC Efficiency, Quick Home Energy Check-up and Home Performance with ENERGY STAR-, we are helping our customers save money and energy, lower energy costs and learn more about energy efficiency, while simultaneously addressing climate change." The full analyst notes on Pepco are available to download free of charge at:
http://www.analystsreview.com/2231-POM-09May2014.pdf
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PG&E Corporation Analyst Notes
On May 1, 2014, PG&E Corporation (PG&E) announced the financial results of Q1 2014. PG&E's total operating revenues increased 6.0% YoY to $3.9 billion. Net income during the quarter declined to $230 million, or $0.49 per diluted share, from $242 million, or $0.55 per diluted share, in Q1 2013. The adjusted diluted EPS also declined to $0.54 from $0.63 in Q1 2013. On average, analysts polled by Reuters expected the Company to report adjusted diluted EPS of $0.66. Tony Earley, Chairman, CEO, and President, PG&E, said, "Our financial results have been challenged by the impact of unrecovered costs in our natural gas business. It remains vital to our pipeline safety and reliability enhancement program that state regulators resolve pending gas proceedings in a timely and balanced manner." The full analyst notes on PG&E are available to download free of charge at:
http://www.analystsreview.com/2231-PCG-09May2014.pdf
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