RE:'Ya Gotta Love those Post-Earnings Share Prices!uchuck wrote: NPI jumped 19.% for the post-Earnings call on Feb. 24th through to the next Call on May 11th, then stood at $22.36. We're now at $24.53, up 9.7%, Likely next Earnings call around Aug. 20th or so. Should be at $27.00 or so level by mid-August 2016
I think what may have driven the jump last quarter was the statement that 23 of the off shore turbines were generating revenue even though construction on the first of their big off shore projects was still underway. That was an increase of 22 from the previous quarter. I'm not sure of this revenue generation during construction was expected by analysts. It was a surprise to me and I didn't see it in any of the public documentation I read that this was going to be the plan. The first time I thought this was going to be the plan was after the February report where they said one turbing was generating revenue.
It seems to me the project may be commissioned early and it will be generating substantial revenue weeks possibly months before final commissioning.