Wednesday, March 31, 2010

LDK Solar Results Miss Estimates

LDK Solar Co., Ltd.'s Q4 2009 Results Miss Estimates, Stock Drops; Issues Q1 2010 Revenue Guidance Above Analysts' Estimates-Reuters
Tuesday, 30 Mar 2010 11:35am EDT
Reuters reported that LDK Solar Co., Ltd.'s fourth quarter 2009 earnings missed Wall Street expectations, sending its shares tumbling. The Company also expects first quarter 2010 revenue of between $310 million and $330 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $312 million for the first quarter of 2010.

Source: Reuters

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