Yingli Green Energy (YGE) Misses Q4 EPS by 34c; Guides Shipments
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Yingli Green Energy (NYSE: YGE) reported Q4 EPS of ($0.47), $0.34 worse than the analyst estimate of ($0.13). Revenue for the quarter came in at $555.5 million versus the consensus estimate of $591.83 million.
Total PV module shipments (including shipments for PV systems) were 939.2MW.
Based on current market and operating conditions, estimated production capacity and forecasted customer demand, the Company expects its PV module shipment target to be in the estimated range of 3.6 GW to 3.9 GW (including 400 to 600 MW shipment to the Company's own downstream power plants) for fiscal year 2015, which represents an increase of 7.1% to 16.0% compared to fiscal year 2014.
For earnings history and earnings-related data on Yingli Green Energy (YGE) click here.
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