* Q2 profit $0.52 per ADS vs est of $0.49
* Revenue more than doubles, beats Wall Street view
* Sees FY shipments between 900 MW and 930 MW
Aug 24 (Reuters) - China's Trina Solar Ltd (TSL.N) on Tuesday reported second-quarter profit above Wall Street Estimates and raised its full-year shipment outlook as strong European demand propped up sales.
For the quarter, the company earned $38.7 million, or 52 cents per American Depositary Share (ADS), compared with a profit of $18.6 million, or 35 cents per ADS, last year.
Sales more than doubled to $370.8 million, from $150 million a year ago, on higher shipments.
Trina, like others in the industry, was helped by strong demand in Europe, as developers rushed purchases ahead of cuts to renewable energy subsidies in key markets, including Germany and Italy.
For the full year, the company expects total module shipments of 900-930 MW, up from its prior view of 750-800 MW.
Analysts were looking for a profit of 49 cents per ADS, on revenue of $338.7 million, according to Thomson Reuters I/B/E/S.
Shares of the company closed at $22.41 Monday on the New York Stock Exchange. The stock is so far down nearly 30 percent from a year-high in January. (Reporting by Adveith Nair in Bangalore; Editing by Maju Samuel)
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