Exclusive: Raymond James Analyst Previews SolarCity Q4 Print

Speaking to Benzinga, Raymond James & Associates Analyst Pavel Molchanov said that

fourth quarter results scheduled for Wednesday after market close should not be seen as an earnings or even a revenue story. "The metric that the market tracks most closely is deployments (MW installed)," Molchanov told Benzinga. "As of last year, guidance for 2015 is 900-1000 MW." Molchanov suggested that the stock's reaction following the earnings release will "mainly hinge" on whether there is a guidance increase. The analyst added that he anticipates SolarCity will raise its 2015 deployment guidance, but not necessarily in its quarterly report on Wednesday. Molchanov also told Benzinga that oil prices have "essentially nothing to do" with the company as oil is not used for power generation anywhere in the U.S. except for Hawaii. On the other hand, there are countries such as Japan where oil's use as a power generator is very relevant. Jayson Derrick and Brianna Valleskey contributed to this report.