Trina Solar Gives Back Some Of Big Gains After Q1
Trina Solar (TSL) stock slipped Thursday, after a big gain Wednesday following a Q1 earnings beat. The company’s solar module shipments fell from Q4. And while the company’s 20.6% gross profit margin was far higher than the mid-teens expected, “we think the Q1 operating margin increase was a one time event, and believe the sustainable operating margin level is at the low single-digit range,” FBR Capital Markets analyst Mahesh Sanganeria wrote in a