JA Solar Holdings (JASO) Tops Q1 EPS by 26c; Guides Q2 Shipments

JA Solar Holdings (NASDAQ: JASO) reported Q1 EPS of $0.32, $0.26 better than the analyst estimate of $0.06. Revenue for the quarter came in at $366 million versus the consensus estimate of $330.54 million.

Shipments were 638.1 megawatts ("MW"), consisting of 388.0 MW of modules and 250.1 MW of cells and cell tolling, above the high end of the Company's previous guidance of 610 MW

For the second quarter of 2014, the Company expects total cell and module shipments to be between 670 MW and 700 MW. For the full year 2014, the Company the Company reiterates its full year cell and module shipments guidance of between 2.7 GW and 2.9 GW, which includes 200 MW of module shipments to the Company's downstream projects.

For earnings history and earnings-related data on JA Solar Holdings (JASO) click here.

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