Tuesday, August 17, 2010

Suntech Power News

Shares of Suntech Power Holdings Company Ltd. (NYSE:STP) are trading higher by +3.60% ahead of its quarterly earnings release. Suntech Power, the Chinese photovoltaic products maker is expected to release its quarterly results on August 18th.

Wall Street Analysts consensus calls for a profit of $0.09 a share on $600.81 million revenue.

Suntech Power estimates have a range of $0.28 a share. The high estimate calls for profit of $0.27 a share and the low estimate is calling for a loss of $-0.01 a share, a year ago for the quarter the company reported $0.06 a share.

Suntech Power Holdings Company Ltd. (NYSE:STP) produces photovoltaic products. The Company designs, develops, manufactures and markets a variety of solar cells and modules. Suntech Power is based in China.

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