Trina Solar Limited provided earnings outlook for third quarter of 2013. For the period, the company estimates that its overall gross margin to be between 14.5% and 15.5% compared to the company's previous guidance of low double digits in percentage terms. The company expects its net earnings results in the third quarter of 2013 to be impacted by: an incremental accounts receivable provision of between $9.5 million and $10.5 million. A foreign currency exchange gain of $7.5 million to $8.5 million, net of change in fair value of derivative instruments.
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May. 08 | Trina Solar Co., Ltd. Announces Ramping Up Production At Its Manufacturing Facility in Northern Vietnam | CI |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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-27.90% | 6.17B | |
+110.67% | 21.61B | |
+20.90% | 21.54B | |
-16.11% | 3.15B | |
-20.28% | 2.49B | |
-32.50% | 1.72B | |
-22.76% | 1.19B | |
+0.18% | 1.04B | |
+98.58% | 973M | |
-13.70% | 928M |
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