JA Solar Holdings (JASO) Tops Q1 EPS by 7c

JA Solar Holdings (NASDAQ: JASO) reported Q1 EPS of $0.13, $0.07 better than the analyst estimate of $0.06. Revenue for the quarter came in at $387.7 million versus the consensus estimate of $410.14 million.

Highlights:

• Total shipments were 681.5 megawatts ("MW"), an increase of 6.8% y/y and decrease of 28.5% sequentially
• Shipments of modules and module tolling were 584.1 MW, an increase of 50.5% y/y and decrease of 33.6% sequentially
• Shipments of cells and cell tolling were 97.4 MW, a decrease of 61.1% y/y and an increase of 33.2% sequentially

Outlook:

For the second quarter of 2015, the Company expects total cell and module shipments to be in the range of 680 MW to 720 MW. Full year 2015 shipments are expected to be in the range of 3.6 GW to 4.0 GW, including 200 MW of modules shipments to the Company's downstream projects.

For earnings history and earnings-related data on JA Solar Holdings (JASO) click here.

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