Yingli Green Energy Holding (NYSE: YGE ) is expected to report Q3 earnings on Nov. 28. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Yingli Green Energy Holding's revenues will contract -42.7% and EPS will remain in the red.
The average estimate for revenue is $382.4 million. On the bottom line, the average EPS estimate is -$0.49.
Last quarter, Yingli Green Energy Holding tallied revenue of $488.5 million. GAAP reported sales were 28% lower than the prior-year quarter's $680.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.55. GAAP EPS were -$0.58 for Q2 versus $0.36 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 4.6%, 1,750 basis points worse than the prior-year quarter. Operating margin was -10.5%, 2,250 basis points worse than the prior-year quarter. Net margin was -18.5%, 2,700 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.76 billion. The average EPS estimate is -$1.75.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 1,549 members out of 1,631 rating the stock outperform, and 82 members rating it underperform. Among 229 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 209 give Yingli Green Energy Holding a green thumbs-up, and 20 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Yingli Green Energy Holding is hold, with an average price target of $3.46.
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