JA Solar Holdings (JASO) Tops Q1 EPS by 26c; Guides Q2 Shipments

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Roth Boosts Ests on JA Solar (JASO) Following Q1 Results

May 8, 2014 2:51 PM EDT

Roth Capital affirms its Buy rating and $18 price target on JA Solar Holdings Co., Ltd. (Nasdaq: JASO) following the company's Q1 results.

Analyst Philip Shen noted that revs of $366 million and EPS of $0.41 topped both consensus and the firm's expectations. Shipments of 638MW beat our estimate of 622MW while peers guided down Q1 shipments. While peers... More