Trina Solar Ltd. (TSL) Misses Q2 EPS Views; Revs Light; Guides Q3 Shipments

August 23, 2011 6:47 AM EDT
Trina Solar Ltd. (NYSE: TSL) reported Q2 EPS of $0.32, excluding foreign exchange, $0.15 worse than the analyst estimate of $0.47. Revenue for the quarter came in at $579.5 million versus the consensus estimate of $599.44 million.

Solar module shipments were approximately 396 MW for the second quarter of 2011, representing an increase of 23.7% sequentially and an increase of 77.9% year-over-year.

Sees Q311 PV shipments of 480 MW to 520 MW.


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