Trina Solar (NYS: TSL) is expected to report Q1 earnings on May 29. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Trina Solar's revenues will contract -16.6% and EPS will remain in the red.
The average estimate for revenue is $291.8 million. On the bottom line, the average EPS estimate is -$0.74.
Last quarter, Trina Solar notched revenue of $302.7 million. GAAP reported sales were 31% lower than the prior-year quarter's $435.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$1.44. GAAP EPS were -$1.23 for Q4 compared to -$0.93 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was -2.4%, 950 basis points worse than the prior-year quarter. Operating margin was -27.5%, much worse than the prior-year quarter. Net margin was -28.8%, much worse than the prior-year quarter.
The full year's average estimate for revenue is $1.50 billion. The average EPS estimate is -$2.00.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,030 members out of 1,245 rating the stock outperform, and 215 members rating it underperform. Among 201 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 119 give Trina Solar a green thumbs-up, and 82 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Trina Solar is hold, with an average price target of $4.33.
Is Trina Solar the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
Add Trina Solar to My Watchlist.
The article It's Showtime for Trina Solar originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.