Trina Solar Ltd. (TSL) Posts Q1 Loss of 42c/Share; Guides Q2, FY12 Shipments
Tweet
Share
E-mailGet Alerts TSL Hot Sheet
Join SI Premium – FREE
Trina Solar Ltd. (NYSE: TSL) reported Q1 EPS of ($0.42), $0.13 worse than the analyst estimate of ($0.29). Revenue for the quarter came in at $349.9 million versus the consensus estimate of $396.24 million.
Solar module shipments were approximately 380 MW for the first quarter of 2012, compared to the Company's previous guidance of between 400 MW to 430 MW, representing a decrease of 10.6% sequentially
For the second quarter of 2012, the Company expects to ship between 500 MW to 520 MW of PV modules.
For the full year 2012, the Company expects total PV module shipments between 2.0 to 2.1 GW, representing an increase of 32.5% to 39.1%, respectively, from 2011.
For earnings history and earnings-related data on Trina Solar Ltd. (TSL) click here.
Solar module shipments were approximately 380 MW for the first quarter of 2012, compared to the Company's previous guidance of between 400 MW to 430 MW, representing a decrease of 10.6% sequentially
For the second quarter of 2012, the Company expects to ship between 500 MW to 520 MW of PV modules.
For the full year 2012, the Company expects total PV module shipments between 2.0 to 2.1 GW, representing an increase of 32.5% to 39.1%, respectively, from 2011.
For earnings history and earnings-related data on Trina Solar Ltd. (TSL) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Blackhawk Network (HAWK) Reports Q2 Loss of $0.07; Offers Guidance
- Eledon Pharmaceuticals, Inc. (ELDN) Misses Q2 EPS by 12c
- Kodiak Sciences Inc. (KOD) Misses Q2 EPS by 7c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign 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!
