NEW YORK ( TheStreet) -- Next week may have cooled off in the number of companies reporting earnings, but at least one company in my list is likely to heat up the chart.
Reporting Before the Open
Who They Are: JA Solar is a manufacturer of solar cells and is headquartered in Shanghai, China. JA Solar trades an average of 1.6 million shares per day with a marketcap of $157 million.
JA Solar is anticipated to report weak first quarter earnings before the opening bell on June 5. The consensus estimate is currently a loss of 15 cents a share, from sales of $282.7 million. The estimates are a decline of 52 cents from the profit of 37 cents during the same period last year.It's difficult to imagine how or why analysts' estimates or reported numbers are taken seriously with Chinese companies. Please read my latest risk assessment on Chinese stocks. After Closing Bell Altera (ALTR - Get Report) Who They Are: Altera designs, manufactures, and markets a broad range of high-performance, high-density programmable logic devices and trades an average of 4.2 million shares per day with a marketcap of $10.9 billion. Expectations: Altera is anticipated to report weak second-quarter earnings of 39 cents per share June 7 after the close. The consensus estimate is currently a decline of 26 cents from the same period last year. Estimates for revenue range from a low of $444.6 million up to $452.8 million. The average estimate is $445.9 million, down from $548.4 million in the same quarter last year. Altera has two beats and two misses in the last four quarters. The chart appears poor with the moving averages moving lower and shares trading near the lows of the year. A surprise beat could send the shares higher, however, without a larger short interest, sustaining a move higher may prove problematic. FuelCell Energy (FCEL - Get Report) FuelCell is expected to report last fiscal quarter's results after the closing bell on June 05, 2012. Let's review how FuelCell Energy has performed in recent quarters. Who They Are: FuelCell Energy develops and markets ultra-clean power plants and trades an average of 1.8 million shares per day with a marketcap of $194 million.
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