Yingli Green Energy (YGE) Releases Quarterly Earnings Results, Misses Estimates By $0.09 EPS

Yingli Green Energy (NYSE:YGE) released its quarterly earnings results on Tuesday. The solar energy provider reported ($2.70) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.61) by ($0.09), Briefing.com reports. The company had revenue of $252.30 million during the quarter, compared to analyst estimates of $242.00 million. During the same quarter last year, the business posted ($2.80) EPS. The business’s quarterly revenue was up 15.3% on a year-over-year basis.

Shares of Yingli Green Energy (YGE) opened at $1.73 on Thursday. Yingli Green Energy has a one year low of $1.72 and a one year high of $3.35. The company has a quick ratio of 0.39, a current ratio of 0.46 and a debt-to-equity ratio of -0.33.

Separately, Axiom Securities restated a “sell” rating on shares of Yingli Green Energy in a research note on Thursday, August 31st.

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Yingli Green Energy Company Profile

Yingli Green Energy Holding Company Limited is a solar panel manufacturer. The Company’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and solar panel assembly. The Company’s end products include photovoltaic (PV) modules and PV systems of different sizes and power outputs.

Earnings History for Yingli Green Energy (NYSE:YGE)

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