What Do Analysts Expect for Yingli Solar’s Margins in 3Q17?
For 3Q17, analysts expect Yingli Solar to report a gross profit of nearly $3.0 million with a gross margin of nearly 1.2%.
For 2Q17, Yingli Solar’s (YGE) interest expenses came in at $24.4 million—compared to $22.7 million in 1Q17 and $23.9 million in 2Q16.
In 3Q16, Yingli Solar (YGE) posted nearly $218.9 million in total revenues. Analysts estimate that it will report ~$242 million in revenues in 3Q17.
Currently, only one analyst is covering Yingli Solar (YGE) stock. The analyst gave the company a “sell” (or 100%) rating.
Yingli Solar will announce its 3Q17 earnings results on December 6 before market hours. Since its 2Q17 earnings, its stock price has fallen nearly 13.1%.
JA Solar Holdings (JASO) reported $12.1 million as interest expense for 3Q17 compared to $12.4 million in 2Q17 and $11.3 million in 3Q16.
JA Solar’s total cost of sales for 3Q17 was $575.4 million compared to $778.9 million in 2Q17 and $539.3 million in 3Q16.
In 3Q17, JA Solar reported total revenues of $652.6 million compared to $878.2 million in 2Q17 and $624.3 million in 3Q16.
JA Solar Holdings (JASO) had a 3Q17 shipment guidance of 1,600–1,700 MW (megawatts). The company posted total shipments of 1,640.9 MW in 3Q17.
On November 15, 2017, after market hours, JA Solar Holdings (JASO) announced its 3Q17 results for the quarter ended September 30, 2017.
For 4Q17, Canadian Solar (CSIQ) estimates its revenues to be $1.77 billion–$1.81 billion.
On September 30, 2017, Canadian Solar (CSIQ) reported ~$1.2 billion in cash, cash equivalents, and restricted cash.
Canadian Solar’s (CSIQ) operating income for 3Q17 was ~$57.8 million, compared to $83.7 million in 2Q17 and $27.0 million in 3Q16.
Canadian Solar’s (CSIQ) total operating expenses totaled ~$102.0 million in 3Q17 compared to $84.1 million in 2Q17 and $90.3 million in 3Q16.
Canadian Solar’s revenues from the sale of electricity in 3Q17 totaled $9.6 million, which was marginally lower than $9.8 million in 2Q17.
In 4Q17, Canadian Solar expects its solar module shipments to reach ~1.7–1.8 GW.
Canadian Solar (CSIQ) reported its 3Q17 earnings results on November 9. CSIQ declared earnings per share of $0.22, slightly below the analyst consensus estimate of $0.26.
In 3Q17, Vivint Solar’s (VSLR) interest expenses came in at $16.2 million as compared to $16.8 million in 2Q17 and $9.4 million in 3Q16.
In 3Q17, Vivint Solar (VSLR) posted $34.7 million as its cost of revenue for its operating leases and incentives, higher than the $33.8 million in 2Q17 but lower than the $39.3 million in 3Q16.
Vivint Solar reported $75.1 million in consolidated revenue for 3Q17 compared to $73.0 million in 2Q17 and $41.3 million 3Q16.