EPS & Earnings ... Hits & Misses

[madrose1]

ENER $50~$43~$46 misses by 3 cents (ENER) : Reports Q2 (Dec) loss of $0.21 per share, excluding non-recurring items, $0.03 worse than the Reuters Estimates consensus of ($0.18); revenues rose 50.9% year/year to $24.3 mln vs the $23.7 mln consensus. Piper Jaffray raises their tgt on Energy Conversion (ENER $45.75) to $50 from $47 noting that results were in line, but that significant catalysts are on the horizon; firm notes that new plant announcements would increase its ests by $0.65 per plant