ReneSola Ltd (SOL) EPS Estimated At $0.03

March 19, 2018 - By Nellie Frank

 ReneSola Ltd (SOL) EPS Estimated 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 $1.14 million giving it 21.08 P/E if the $0.03 EPS is correct. The stock decreased 2.69% or $0.07 during the last trading session, reaching $2.53. About 34,994 shares traded. ReneSola Ltd (NYSE:SOL) has declined 51.83% since March 19, 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. Roth Capital downgraded the shares of SOL in report on Wednesday, March 9 to “Hold” rating. Roth Capital downgraded the shares of SOL in report on Friday, August 5 to “Sell” rating. As per Wednesday, March 29, the company rating was upgraded by Credit Suisse. Roth Capital upgraded the shares of SOL in report on Monday, October 16 to “Neutral” rating. On Wednesday, December 16 the stock rating was upgraded by TH Capital to “Buy”. Roth Capital maintained ReneSola Ltd (NYSE:SOL) on Thursday, June 15 with “Sell” rating. The rating was maintained by Roth Capital on Wednesday, November 22 with “Hold”. Zacks upgraded the stock to “Hold” rating in Friday, August 28 report. As per Wednesday, December 20, the company rating was maintained 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 $96.40 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.

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