Yingli Green Energy (YGE) Misses Q3 EPS by 9c
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Yingli Green Energy (NYSE: YGE) reported Q3 EPS of ($0.37), $0.09 worse than the analyst estimate of ($0.28). Revenue for the quarter came in at $351.5 million versus the consensus estimate of $355.24 million.
Total photovoltaic ("PV") module shipments (including shipments to the Company's own downstream PV projects[1]) were 460.4MW.
Guidance:
Fourth Quarter of 2015
Based on current market conditions, the Company's current operating conditions, estimated production capacity and forecasted customer demand, the Company expects its PV module shipments to be in the estimated range of 420MW to 440MW for the quarter ending December 31, 2015.
Fiscal Year 2015
Based on current market conditions, the Company's current operating conditions, estimated production capacity and forecasted customer demand, the Company expects its total PV module shipments to be 2.35GW to 2.40GW for the fiscal year ending December 31, 2015.
For earnings history and earnings-related data on Yingli Green Energy (YGE) click here.
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