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LDK Solar (LDK) Posts Q3 Loss of $1.08/Share; Issues Light Q4 Outlook

December 3, 2012 6:53 AM EST Send to a Friend
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LDK Solar (NYSE: LDK) reported Q3 EPS of ($1.08), $0.16 better than the analyst estimate of ($1.24). Revenue for the quarter came in at $291.5 million versus the consensus estimate of $246.4 million.

Shipped 230.2 megawatts (MW) of wafers and 161.9 MW of cells and modules in the third quarter.

LDK Solar sees Q4 2012 revenue of $230-290 million, versus the consensus of $552.35 million. Sees wafer shipments between 200 MW and 250 MW, cells and module shipments between 50 MW and 80 MW.

Also sees FY2012 revenue of $950-1000 million, versus the consensus of $1410 million. Expects wafer shipments between 910 MW and 960 MW, cell and module shipments between 500 MW and 530 MW and inverter shipments between 150 MW to 200 MW. LDK Solar expects PV system project construction to be in the range of 200 MW to 300 MW and to recognize between 50 MW and 100 MW through project sales and EPC services for third party customers.

For earnings history and earnings-related data on LDK Solar (LDK) click here.




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