Trina Solar (TSL) Q1 'Strong' But Some Concerns, Nomura Notes
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Trina Solar Ltd. (TSL) Post Larger Q1 Profit; Guides Q2 PV Shipments
May 21, 2014 7:04 AM EDT(Updated - May 21, 2014 7:14 AM EDT)
Trina Solar Ltd. (NYSE: TSL) reported Q1 EPS of $0.37, which may not compare to analyst estimate of $0.03 but is up from $0.21 last year. Revenue for the quarter came in at $444.8 million versus the consensus estimate of $452.55 million.
Solar module shipments were 558.0 MW during the first quarter of 2014, compared to 770.1 MW in the fourth quarter of 2013.
Mr. Jifan Gao, Chairman and Chief Executive Officer of Trina Solar commented, "I am pleased to report that we delivered another set of solid results despite some headwinds in the first... More
