STAMFORD, Conn. (AP) _ ReneSola Ltd. (SOL) on Tuesday reported third-quarter profit of $711,000.

The Stamford, Connecticut-based company said it had profit of 1 cent per share. Earnings, adjusted for non-recurring costs and stock option expense, were 2 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.

The solar energy company posted revenue of $15.5 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $20.2 million.

For the current quarter ending in December, ReneSola said it expects revenue in the range of $21 million to $27 million.

The company expects full-year revenue in the range of $77 million to $83 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SOL at https://www.zacks.com/ap/SOL

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