ReneSola Announces Fourth Quarter and Full Year 2015 Results
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Roth Capital Downgrades ReneSola Ltd. (SOL) to Neutral; Q4 Results Strong, but Offset by Weak Outlook
March 9, 2016 9:38 AM ESTRoth Capital is downgraded ReneSola (NYSE: SOL) from Buy to Neutral and moving its price target from $1.70 to $1.45 following Q4 results and outlook.
Analyst Philip Shen commented, Back in December, we had upgraded SOL to a Buy as a result of the positive macro impact from the ITC extension improving the outlook for the U.S. market. Although the U.S. outlook has improved,... More
ReneSola (SOL) Tops Q4 EPS by 9c; Guides Q1, FY16 Revenue Below Expectations
March 8, 2016 7:51 AM ESTReneSola (NYSE: SOL) reported Q4 EPS of $0.07, $0.09 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $296.4 million versus the consensus estimate of $283.67 million.
Sold 18.0 MW of projects, project pipeline at 641 MWTotal external solar module shipments were 373.2... More