ReneSola Announces Third Quarter 2016 Results
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Roth Capital Cuts PT on ReneSola (SOL) to 65c Amid Q3 Miss, Weak Outlook
November 30, 2016 8:09 AM ESTRoth Capital cuts its price target on Sell-rated ReneSola (NYSE: SOL) from $1 down to 65 cents following Q3 results and outlook issued earlier in the week.
The firm offered the following overall thoughts: With lower expected margins for SOL's manufacturing businesses, we believe the company's... More
ReneSola (SOL) Misses Q3 EPS by 3c; Issues Light Q4 Revenue Outlook
November 29, 2016 6:57 AM ESTReneSola (NYSE: SOL) reported Q3 EPS of ($0.20), $0.03 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $200.9 million.
Total external module shipments were 191.2 MW while module shipments to the Company's downstream projects were approximately... More