Hanwha SolarOne Co. (NASDAQ:HQCL) is set to release its earnings data before the market opens on Wednesday, July 27th.
Hanwha SolarOne (NASDAQ:HQCL) last released its quarterly earnings results on Thursday, May 19th. The company reported $0.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.09. The business earned $514.90 million during the quarter, compared to the consensus estimate of $542.50 million. The company’s revenue was up 54.4% compared to the same quarter last year. On average, analysts expect Hanwha SolarOne to post $1.68 EPS for the current fiscal year and $1.72 EPS for the next fiscal year.
A number of research firms have weighed in on HQCL. Zacks Investment Research cut shares of Hanwha SolarOne from a “hold” rating to a “strong sell” rating in a research report on Wednesday, March 30th. Roth Capital reaffirmed a “buy” rating on shares of Hanwha SolarOne in a report on Tuesday, March 29th. Finally, TheStreet raised shares of Hanwha SolarOne from a “sell” rating to a “hold” rating in a report on Thursday, April 14th.
Hanwha Q CELLS Co, Ltd., formerly Hanwha SolarOne Co, Ltd. (Hanwha SolarOne), is a global solar energy company. The Company is involved in manufacturing of solar modules and development and management of downstream solar farms. It manufactures a range of photo voltaic (PV) cells and PV modules. It also engages in PV downstream businesses, which include developing solar power projects and providing engineering, procurement and construction services and operation and management services.
