Collins Stewart is calling for Trina Solar (NYSE:TSL) to report a profit of 62 cents a share on revenue of $243 million, that's ahead of the consensus forecast of 61 cents a share on sales of $248 million.Collins Stewart is forecasting a second-quarter profit of 41 cents a share on revenue of $329 million for Trina Solar (NYSE:TSL), estimates the brokerage firm said may prove to be conservative. "Given Trina Solar's (NYSE:TSL) cost leadership in the crystalline module segment of the industry and its strong growth and brand, we find this multiple too low and discount unwarranted," Collins Stewart said in a research note.
Source: www.chinavestor.com/solar
No comments:
Post a Comment