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home / news releases / GCTAY - Competitor's Profit Warning May Spell Trouble For Vestas Coming Into Earnings Season

GCTAY - Competitor's Profit Warning May Spell Trouble For Vestas Coming Into Earnings Season

Siemens Gamesa Renewable Energy SA ADR
  • Vestas and Siemens Gamesa flagged the same Q1-2021 issues, with Siemens Gamesa having disclosed a profit warning before Q2-2021, which could indicate a potential downside for Vestas.
  • Inflow of funds has caused a valuation expansion in Vestas in recent years, which could create vulnerability to the downside in case of underperformance.
  • I suggest investors keep an eye on Siemens Gamesa’s Q2 release on August 4th and await clarity on Vestas’ own Q2 on August 11th.

For further details see:

Competitor's Profit Warning May Spell Trouble For Vestas Coming Into Earnings Season
Stock Information
Company Name: Siemens Gamesa Renewable Energy SA ADR
Stock Symbol: GCTAY
Market: OTC
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