EPS for ReneSola Ltd (SOL) Expected At $0.03

March 14, 2018 - By Clifton Ray

 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 $1.14 million giving it 21.50 P/E if the $0.03 EPS is correct. It closed at $2.58 lastly. It is down 51.83% since March 15, 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 of ReneSola Ltd (NYSE:SOL) has “Neutral” rating given on Wednesday, March 29 by Credit Suisse. The rating was downgraded by Roth Capital to “Sell” on Friday, August 5. The rating was maintained by Roth Capital with “Hold” on Wednesday, November 22. The firm earned “Hold” rating on Wednesday, December 20 by Roth Capital. The stock has “Neutral” rating by Roth Capital on Monday, October 16. On Wednesday, March 9 the stock rating was downgraded by Roth Capital to “Hold”. TH Capital upgraded it to “Buy” rating and $1.70 target in Wednesday, December 16 report. The rating was maintained by Roth Capital on Thursday, June 15 with “Sell”. Zacks upgraded it to “Hold” rating and $1.25 target in Friday, August 28 report.

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 $98.31 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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