(SOL) ReneSola Falls Short of Earnings Estimates
Posted on
November 30, 2011 by
Admin
With the backdrop of an industry-wide glut, ReneSola Ltd. (SOL) in the third quarter of 2011 incurred an adjusted loss per American Depositary Share (ADS) of 25 cents, missing the Zacks Consensus Estimate of a loss of 18 cents. The quarterly loss also was way below the year-ago quarterly earnings of 70 cents. Operational Results [...]