Trina Solar (TSL) Stock Reverses Post-Earnings Highs

NEW YORK (TheStreet) -- Trina Solar (TSL) stock is reversing some of the gains made over Wednesday's session following its better-than-expected earnings report. 

By early afternoon, shares had dropped 4.4% to $12.96.

A day earlier, the stock spiked 30.9% after the company reported earnings of 37 cents a share, 34 cents higher than analysts surveyed by Thomson Reuters expected. However, revenue of $444.8 million was under an estimated $452.55 million.

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TSL Chart TSL data by YCharts

TheStreet Ratings team rates TRINA SOLAR LTD as a Hold with a ratings score of C-. TheStreet Ratings Team has this to say about their recommendation:

"We rate TRINA SOLAR LTD (TSL) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins."

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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