Tuesday, November 10, 2009

JA Solar Shining (JASO)

JA Solar Holdings Co. Ltd. (NASDAQ: JASO) managed to turn a profit as earnings were $17.3 million, or $0.10 EPS, compared to a loss a year ago of some $18 million or -$0.36 EPS.  Revenue was $193.3 million, but Thomson Reuters estimates were $0.03 EPS on $136.23 million in revenues.  This quarter was also JA Solar’s highest ever quarterly shipments.  Shares in JA Solar rose nearly 7 percent in pre-market trade to $4.40 per share.  Shares are up 7.5% at $4.43 on over 800,000 shares at 8:54 AM EST.  Average volume is 5.6 million shares and the 52-week trading range is $1.55 to $6.29.


No comments:

Post a Comment