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ReneSola Ltd.’s (SOL) significant presence in the solar module original equipment manufacturing (OEM) market is currently slated to underperform, owing to Europe’s challenging financing environment. The near-term valuation of the company will be adversely impacted by tepid solar products demand in Europe (especially Germany). Rising competition, credit risk from its customers, oversupply glut of solar [...]

(SOL) ReneSola Limited – ADS – Bear of the Day

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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 [...]

(SOL) ReneSola Falls Short of Earnings Estimates

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