SmartHeat, Inc. (HEAT) Misses Q1 EPS by 10c; Drops FY11 Outlook Below Street
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SmartHeat, Inc. (NASDAQ: HEAT) reported Q1 EPS of ($0.05), $0.10 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $7.89 million versus the consensus estimate of $11.35 million.
Lowers FY11 EPS to $0.25 - $0.36, versus the consensus of $0.71. Also lowers FY11 revenue of $63 - $93 million, versus the consensus of $146.39 million.
Lowers FY11 EPS to $0.25 - $0.36, versus the consensus of $0.71. Also lowers FY11 revenue of $63 - $93 million, versus the consensus of $146.39 million.
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