Yingli Green Energy (YGE) Posts Q2 Loss of 25c/ADS; Guides FY14 Shipments

Yingli Green Energy (NYSE: YGE) reported Q2 EPS of ($0.25), $0.11 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $549.5 million versus the consensus estimate of $588 million.

Total PV module shipments (including shipments for PV systems) were 887.9MW.

Based on current market and operating conditions, estimated production capacity and forecasted customer demand, the Company revises its PV module shipment target to be in the estimated range of 3.6GW to 3.8GW (including 400 to 600MW shipment for PV systems) for fiscal year 2014, which represents an increase of 11.3% to 17.5% compared to fiscal year 2013.

For earnings history and earnings-related data on Yingli Green Energy (YGE) click here.

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