EPS for ReneSola Ltd (SOL) Expected At $0.03

March 1, 2018 - By Peter Erickson

 EPS for ReneSola Ltd (SOL) Expected At $0.03

Analysts expect ReneSola Ltd (NYSE:SOL) to report $0.03 EPS on March, 27.They anticipate $1.29 EPS change or 102.38 % from last quarter’s $-1.26 EPS. SOL’s profit would be $1.14M giving it 20.25 P/E if the $0.03 EPS is correct. The stock decreased 0.41% or $0.01 during the last trading session, reaching $2.43. About 15,651 shares traded. ReneSola Ltd (NYSE:SOL) has declined 51.83% since March 1, 2017 and is downtrending. It has underperformed by 68.53% the S&P500.

ReneSola Ltd (NYSE:SOL) Ratings Coverage

Among 4 analysts covering Renesola Ltd. (NYSE:SOL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Renesola Ltd. had 10 analyst reports since August 26, 2015 according to SRatingsIntel. The stock has “Hold” rating by Roth Capital on Wednesday, March 9. The stock of ReneSola Ltd (NYSE:SOL) has “Hold” rating given on Wednesday, November 22 by Roth Capital. The firm has “Neutral” rating given on Wednesday, March 29 by Credit Suisse. Zacks upgraded ReneSola Ltd (NYSE:SOL) rating on Friday, August 28. Zacks has “Hold” rating and $1.25 target. The firm has “Sell” rating by Roth Capital given on Thursday, June 15. The rating was downgraded by Roth Capital on Friday, August 5 to “Sell”. As per Monday, October 16, the company rating was upgraded by Roth Capital. TH Capital upgraded ReneSola Ltd (NYSE:SOL) on Wednesday, December 16 to “Buy” rating. The firm earned “Hold” rating on Wednesday, December 20 by Roth Capital.

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 $92.59 million. The firm operates through three divisions: Wafer, Cell and Module, and Solar Power Projects. It currently has negative earnings. It provides virgin polysilicon, monocrystalline, and multicrystalline solar wafers; and photovoltaic cells.

More recent ReneSola Ltd (NYSE:SOL) news were published by: Seekingalpha.com which released: “ReneSola: Outlook Improving” on March 30, 2017. Also Marketwatch.com published the news titled: “ReneSola Ltd. ADR” on August 06, 2016. Fool.com‘s news article titled: “Will another manufacturer bite the dust?” with publication date: September 28, 2017 was also an interesting one.

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