Suntech Power (STP) Misses Q1 EPS Views; Revs Heavy; Guides Q2 Shipment Growth, Affirms FY11 Outlook
Tweet
Share
E-mailGet Alerts STP Hot Sheet
Join SI Premium – FREE
Suntech Power Holdings Co. ADS (NYSE: STP) reported Q1 EPS of $0.17, $0.19 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $899 million versus the consensus estimate of $864.82 million.
Total PV shipments decreased 3.1% sequentially, and increased 62.9% year-over-year.
Sees Q211 shipments growing in low-single-digits.
Reiterates FY11 shipment outlook.
Total PV shipments decreased 3.1% sequentially, and increased 62.9% year-over-year.
Sees Q211 shipments growing in low-single-digits.
Reiterates FY11 shipment outlook.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freightos Limited (CRGO) Tops Q2 EPS by 3c ; Offers Guidance
- Bimergen Energy Corporation (BESS) Reports Q2 EPS of $0.22
- INVO Fertility (IVF) Tops Q2 EPS by 105c
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
