ReneSola (SOL) Plans to Wind Down OEM Operations; Roth Affirms at 'Neutral' Following Q1 Results, Outlook

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Go back to ReneSola (SOL) Plans to Wind Down OEM Operations; Roth Affirms at 'Neutral' Following Q1 Results, Outlook

Roth Capital Cuts Price Target on ReneSola (SOL) Following Q1 Miss and Weak Guidance

June 3, 2015 9:21 AM EDT

Roth Capital maintains a Neutral rating on ReneSola Ltd. (NYSE: SOL), and cuts the price target to $1.30 (from $1.45), following Q1 results. SOL posted a Q4 revenue miss of $349mn vs. consensus of $368mn. EPS of -18c was below consensus of -4c.... More

ReneSola (SOL) Misses Q1 EPS by 5c; Guides Q2 Revenue Below Expectations

June 2, 2015 7:28 AM EDT

ReneSola (NYSE: SOL) reported Q1 EPS of ($0.09), $0.05 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $349 million versus the consensus estimate of $368.18 million.

Total solar module shipments were 496.4 megawatts ("MW"), representing an increase of 1.6% from Q4 2014. Total solar wafer... More