ReneSola: Q4 Earnings Insights


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ReneSola (NYSE:SOL) reported Q4 results Friday morning.

Quarterly Results

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Earnings per share rose 800% year over year to $0.09, which beat the estimate of $0.02.

Revenue of $26,529,000 up by 375.94% year over year, which missed the estimate of $44,800,000.

Looking Ahead

Q1 revenue expected to be between $30,000,000 and $33,000,000.

Details Of The Call


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Date: Mar 13, 2020

Time: 08:00 AM ET

Webcast URL: https://edge.media-server.com/mmc/p/rd3mzssd

Technicals

52-week high: $2.09

52-week low: $0.86

Price action over last quarter: down 38.31%

Company Description

ReneSola is a Chinese manufacturer of crystalline silicon raw material, ingots, and solar wafers. Solar wafers are used by manufacturers of photovoltaic cells for the generation of electricity from sunlight.


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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNews