What's Holding EnerNOC's Earnings Back?http://www.fool.com/investing/general/2013/05/02/whats-holding-enernocs-earnings-back.aspx Dan Caplinger
May 2, 2013
Next Monday, EnerNOC (NASDAQ: ENOC) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
EnerNOC aims to act as a bridge between power suppliers and users, helping to implement strategies that match up supply generation with power demand. That's been a huge growth industry for businesses trying to cut power costs. Let's take an early look at what's been happening with EnerNOC over the past quarter and what we're likely to see in its quarterly report.
Stats on EnerNOC
When will EnerNOC's earnings power up?
The idea behind EnerNOC's business is simple yet highly innovative, as it signs up customers that are willing to allow EnerNOC to manage their electricity usage. During peak demand times, EnerNOC reduces its customers' usage, earning money from utilities and power-grid-management companies. Part of those payments go back to customers, while the rest represents EnerNOC's revenue.
The main challenge that EnerNOC faces is that changing weather conditions can have a dramatic impact on the company's results. In February, the company ann