Summary
- SolarCity reported Q4 earnings that missed analyst targets.
- A couple of negative trends continue to pop up.
- The stock isn't likely to gain traction without proper resolution of these negative trends.
SolarCity (NASDAQ:SCTY)
remains good at installing new rooftop solar power systems at breakneck
speed. The company though is slowly losing momentum in convincing
investors that these systems make a good investment with the outlandish
operating expenses. After another miss and more importantly continuing
negative trends, investors don't appear so convinced that the growing
solar deployments are adding the same value as proposed by the
management team.
Read the
full article at Seeking Alpha.
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