Yingli Green Energy (YGE) Posts Q3 Loss of $2.80/Share

Yingli Green Energy (NYSE: YGE) reported Q3 EPS of ($2.80), $1.41 worse than the analyst estimate of ($1.39). Revenue for the quarter came in at $218.9 million versus the consensus estimate of $214.22 million.

Total photovoltaic ("PV") module shipments1 were 365.3MW, compared to 662.0MW in the second quarter of 2016.

Business Outlook for Fourth Quarter and Full year 2016

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 600MW to 670MW for the quarter ending December 31, 2016 and 2.1GW to 2.2GW for the fiscal year of 2016.

For earnings history and earnings-related data on Yingli Green Energy (YGE) click here.

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