JA Solar Holdings Co., Ltd. (JASO) is scheduled to release its 2Q15 earnings results Tuesday before the markets open. Checking in on the numbers, the Street’s estimates for the quarter reflect an expected profit of $0.15 per share, up from $0.14 in the same quarter last year. Revenue is projected to post a 2% increase to $398.65 million from $390.5 million a year earlier.
As a quick reminder, JA Solar reported 1Q/15 EPS of $0.13, $0.07 better than the Street’s consensus estimate of $0.06. Revs increased about 6% year-over-year to $387.7 million versus the $410.14 million consensus.
Shanghai, China-based JA Solar Holdings, currently valued at $386 million, has a high Wall Street price target of $19, which reflects a return potential of about 151% over the last closing price of the stock.
JASO’s shares have advanced 2.72% in the last 4 weeks while declining 25.15% in the past three months. Over the past 5 trading sessions the stock has lost 1.31%.
Shares of JA Solar Holdings are down 7.69% since the beginning of the year.
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