Yingli Green Energy (NYSE:YGE) will release its earnings data before the market opens on Wednesday, December 6th. Analysts expect Yingli Green Energy to post earnings of ($2.57) per share for the quarter.
Yingli Green Energy (NYSE:YGE) last posted its quarterly earnings results on Tuesday, September 19th. The solar energy provider reported ($2.40) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.05) by ($0.35). The firm had revenue of $468.00 million for the quarter, compared to analysts’ expectations of $415.00 million. During the same period in the previous year, the company earned $0.09 earnings per share. On average, analysts expect Yingli Green Energy to post $-9 EPS for the current fiscal year and $-9 EPS for the next fiscal year.
Shares of Yingli Green Energy (YGE) opened at $1.97 on Tuesday. The company has a debt-to-equity ratio of -0.33, a quick ratio of 0.39 and a current ratio of 0.46. Yingli Green Energy has a 12 month low of $1.79 and a 12 month high of $3.39.
Several research firms have recently weighed in on YGE. Axiom Securities reaffirmed a “sell” rating on shares of Yingli Green Energy in a research note on Friday, September 8th. Zacks Investment Research raised shares of Yingli Green Energy from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th.
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About Yingli Green Energy
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.
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