Roth Capital Encouraged by ReneSola's (SOL) Progress, but Sustainable Profits Need to be Demonstrated

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ReneSola Ltd. (SOL) Tops Q2 EPS by 11c

August 12, 2014 6:02 AM EDT

ReneSola Ltd. (NYSE: SOL) reported Q2 EPS of $0.01, $0.11 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $387.1 million versus the consensus estimate of $401.43 million.

Total solar module shipments were 498.7 megawatts ("MW"), compared to 434.1 MW in Q2 2013 and 521.1 MW in... More