LDK Solar Earnings: Your Sneak Peek to the Big Announcement

LDK Solar Co. (NYSE:LDK) will report earnings before markets open on Tuesday, June 11th. LDK Solar Company, Ltd. manufactures multicrystalline solar wafers. The Company sells multicrystalline wafers globally to manufacturers of photovoltaic products including solar cells and solar modules. Solar wafers are the principal raw material used to produce solar cells which convert sunlight into electricity.

Here is your Cheat Sheet to Ldk Solar Co. Earnings:

Earnings Expectations: Analysts expect earnings of $-0.96 per share on revenues of $97.20 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a loss of $0.84 to a loss $0.85. For the current year, the average estimate is a loss of $3.44, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Ldk Solar Co. has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,643 1,098 2,509 2,158 863
Diluted EPS ($) 1.42 -2.04 2.27 -4.90 -8.62

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 200.10 235.36 291.52 135.90
Diluted EPS ($) -1.46 -2.00 -1.08 -3.68

Past Performance:
Ldk Solar Co. has missed analyst estimates 3 times in the past four quarters. Shareholders could expect a bust if the company misses estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)