Yingli Green Energy Reports First Quarter 2016 Results

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Roth Capital Lifts PT on Yingli Green Energy (YGE) to $3.50; Q1 Not Bad, but Challenges Remain

June 14, 2016 2:47 PM EDT

Roth Capital lifts its price target on Sell-rated Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) from $3.10 to $3.50 following Q1 results and guidance issued earlier Tuesday.

Analyst Philip Shen commented today, While YGE delivered a healthy/profitable Q1, we see downside risk to the 2016 guide given the aggressive increase in shipments required... More

Yingli Green Energy (YGE) Misses Q1 EPS by 8c; Updates on Alt. Financing Plans

June 14, 2016 6:32 AM EDT

Yingli Green Energy (NYSE: YGE) reported Q1 EPS of ($0.60), $0.08 worse than the analyst estimate of ($0.52). Revenue for the quarter came in at $364.6 million versus the consensus estimate of $353.98 million.

Total photovoltaic ("PV") module shipments1 were 508.1 MW, compared to 504.5MW in the fourth quarter of 2015.

Updates on Repayment of Medium-Term Notes and Alternative Financing Plans

As of the date of this press release, the Company's subsidiaries had medium-term notes, or MTNs, of RMB 2,057.0 million outstanding,... More