Renesola Ltd. (NYSE:SOL) is reporting second quarter financial results on Thursday 27th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, SOL is expected to report 2Q20 revenue of $ 22.40 million.
For the full year, analysts anticipate top line of $ 85.10 million, while looking forward to loss of $ 0.08 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 80.00 million ~ $ 100.00 million
Click Here For More Historical Outlooks Of Renesola Ltd.
Previous Quarter Performance
Renesola Ltd. unwinded loss for the first quarter of $ 0.04 per share, from the revenue of $ 21.16 million.
Stock Performance
Shares of Renesola Ltd. traded up $ 0.13 or 5.65 percent on Wednesday, reaching $ 2.43 with volume of 955.50 thousand shares. Renesola Ltd. has traded high as $ 2.50 and has cracked $ 2.00 on the downward trend
The closing price of $ 2.43, representing a 170.59 % increase from the 52 week low of $ 0.85 and a 8 % decrease over the 52 week high of $ 2.50.
The company has a market capital of $ 116.84 million and is part of the Technology sector and Solar industry.
Conference Call
Renesola Ltd. will be hosting a conference call at 8:30 AM eastern time on 27th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/76ajww94
ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells projects rights.
