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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Trina Solar has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
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

Past Performance:
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]