Trina Solar Q3 Preview: Shipments Mix, Better Costs, Projects Business Could Drive Earnings

We expect the company's earnings to improve on a sequential basis, driven by higher project sales, a possibly more favorable geographic shipment mix for panels and slightly lower polysilicon costs. During the previous quarter, the company's revenues grew by around 16.7% sequentially to $519 million driven by higher panel shipments, although net income fell by around 60% sequentially to $10.7 million due to a weaker contribution from the projects business. Q3 is traditionally one of the strongest...