Trina Solar Ltd. (TSL) Posts Surprise Q3 Loss; Guides Q4 Shipments
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Trina Solar Ltd. (NYSE: TSL) reported Q3 EPS of ($0.45), $0.47 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $481.9 million versus the consensus estimate of $533.1 million.
Total shipments were 370.1 MW, compared to 396.4 MW in the second quarter of 2011 and 290.5 MW in the third quarter of 2010.
For the fourth quarter of 2011, the Company expects to ship between 320 MW to 350 MW of PV modules.
Total shipments were 370.1 MW, compared to 396.4 MW in the second quarter of 2011 and 290.5 MW in the third quarter of 2010.
For the fourth quarter of 2011, the Company expects to ship between 320 MW to 350 MW of PV modules.
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