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Stock Market & Financial Investment News

News Breaks
March 30, 2010
11:43 EDTLDKLDK Solar sinks after reporting lower than expected EPS
Chinese solar energy company LDK Solar (LDK) reported Q4 EPS ex items of 3c, compared with analysts' consensus estimate of 12c. Including a settlement of a class action lawsuit, LDK Solar's EPS was (7c). The company's revenue Q4 revenue was higher than expected, but its gross margin was just 9.9%. LDK's wafer shipments jumped 33.8% year-over-year to 340.4 MW, but the company continued to be hurt by low prices for its products. Meanwhile, LDK Solar predicted that its Q1 revenue would come in at $310M-$330M, versus the consensus of $321M. In late morning trading, LDK slumped 42c, or 5.96% to $6.63.
News For LDK From The Last 14 Days
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October 10, 2014
08:25 EDTLDKLDK Solar announces module supply pact with SNPTC
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