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LDK Solar (LDK -9.8%) has tumbled post-earnings. While Q3 results beat estimates, LDK guided for...
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Monday, December 3, 2012, 10:48 AM ETLDK Solar (LDK -9.8%) has tumbled post-earnings. While Q3 results beat estimates, LDK guided for Q4 revenue of $230M-$290M, pretty far below a consensus of $552.4M. Though few likely expected guidance to hit consensus given LDK's history, the magnitude of the shortfall is still eye-popping. Q3 gross margin was a less-than-inspiring -11.2%, though this is actually better than Q2's -39.1%. (PR) (also falling post-earnings: I, II)
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