Trina Solar Earnings Preview: Can This Streak Finally End?
Trina Solar (NYSE:TSL) will report earnings before markets open on Wednesday, May 29th. Trina Solar Limited manufactures solar-power products including photovoltaic wafers, ingots, cells and modules. The Company’s solar modules provide environmentally-friendly electric power for residential, commercial, industrial, and other applications worldwide.
Here is your Cheat Sheet to Trina Solar Earnings:
Earnings Expectations: Analysts expect earnings of $-0.70 per share on revenues of $294.87 million.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.56 and has not changed. For the current year, the average estimate is a loss of $1.96, which is better than the estimate ninety days ago.
Here’s how Trina Solar has been performing on an annual basis:
|Revenue ($) in millions||832||845||1,858||2,048||1,297|
|Diluted EPS ($)||1.18||1.68||4.18||-0.54||-3.77|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||349.88||346.05||297.97||302.75|
|Diluted EPS ($)||-0.42||-1.30||-0.81||-1.23|
Trina Solar has missed analyst estimates 4 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)