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ReneSola Ltd. (SOL) Reports Mixed Q1 Results; Guides Q2 Sales

April 28, 2011 7:37 AM EDT
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ReneSola Ltd. (NYSE: SOL) reported Q1 EPS of $0.49, $0.10 worse than the analyst estimate of $0.59. Revenue for the quarter came in at $328.2 million versus the consensus estimate of $320.98 million.

Total wafer shipments of $243.5 MW.

Sees Q2 sales of $280-$300 million, which compares to the Street estimate of $339.9 million.


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