Trina Solar Limited (TSL) to Release Quarterly Earnings on Wednesday
Trina Solar Limited (NYSE:TSL) will announce its Q114 earnings results on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.03 per share and revenue of $460.78 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Trina Solar Limited (NYSE:TSL) last issued its quarterly earnings data on Tuesday, March 4th. The company reported $0.13 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.02) by $0.15. The company had revenue of $525.60 million for the quarter, compared to the consensus estimate of $543.47 million. During the same quarter last year, the company posted ($1.23) earnings per share. Trina Solar Limited’s revenue was up 73.6% compared to the same quarter last year. On average, analysts expect Trina Solar Limited to post $0.85 EPS for the current fiscal year and $1.53 EPS for the next fiscal year.
Shares of Trina Solar Limited (NYSE:TSL) opened at 10.66 on Tuesday. Trina Solar Limited has a one year low of $5.00 and a one year high of $18.77. The stock’s 50-day moving average is $11.96 and its 200-day moving average is $14.17. The company’s market cap is $759.4 million.
A number of research firms have recently commented on TSL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Trina Solar Limited in a research note on Tuesday, March 4th. Analysts at Cowen and Company reiterated an “outperform” rating on shares of Trina Solar Limited in a research note on Friday, February 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $14.61.
Trina Solar Limited (NYSE:TSL) is an integrated solar-power products manufacturer based in China with a global distribution network covering Europe, North America and Asia.
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