Why JA Solar (JASO) Stock Is Falling Today

NEW YORK (TheStreet) -- JA Solar (JASO) was falling -4.9% in pre-market trading Wednesday after missing analysts' estimates for earnings and revenue in the second quarter.

For the second quarter JA Solar reported earnings of 14 cents a share, missing the Capital IQ Consensus Estimate of 20 cents a share by 6 cents. Revenue grew 52.9% year-over-year to $390.5 million, below analysts' estimates of $393.98 million for the quarter.

Total shipments grew 47% from the year-ago quarter to 681.8 MW. The company said it expects total shipments of 730 MW to 760 MW for the third quarter, and 2.9 GW to 3.1 GW for the year, up from its previous full-year guidance of 2.7 GW to 2.9 GW.

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TheStreet Ratings team rates JA SOLAR HOLDINGS CO LTD as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate JA SOLAR HOLDINGS CO LTD (JASO) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been poor profit margins."

You can view the full analysis from the report here: JASO Ratings Report

JASO Chart JASO data by YCharts
 

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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