$0.03 EPS Expected for ReneSola Ltd (SOL)

September 16, 2018 - By Rene Reddy

Analysts expect ReneSola Ltd (NYSE:SOL) to report $0.03 EPS on September, 26.They anticipate $1.60 EPS change or 101.91 % from last quarter’s $-1.57 EPS. SOL’s profit would be $1.14 million giving it 18.42 P/E if the $0.03 EPS is correct. After having $0.14 EPS previously, ReneSola Ltd’s analysts see -78.57 % EPS growth. The stock decreased 1.73% or $0.04 during the last trading session, reaching $2.21. About 37,310 shares traded. ReneSola Ltd (NYSE:SOL) has declined 1.31% since September 16, 2017 and is downtrending. It has underperformed by 16.93% the S&P500.

ReneSola Ltd, through its subsidiaries, makes and sells various solar power products in the People's Republic of China and internationally. The company has market cap of $84.13 million. The firm operates through three divisions: Wafer, Cell and Module, and Solar Power Projects. It has a 0.79 P/E ratio. It provides virgin polysilicon, monocrystalline, and multicrystalline solar wafers; and photovoltaic cells.

More recent ReneSola Ltd (NYSE:SOL) news were published by: Streetinsider.com which released: “ReneSola (SOL) Misses Q2 EPS by 3c, Revenues Beat; Offers FY18 Revenue Outlook” on September 06, 2018. Also Seekingalpha.com published the news titled: “ReneSola Ltd. 2018 Q2 – Results – Earnings Call Slides” on September 06, 2018. Seekingalpha.com‘s news article titled: “ReneSola’s (SOL) CEO Xianshou Li on Q2 2018 Results – Earnings Call Transcript” with publication date: September 06, 2018 was also an interesting one.

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