Trina Solar (TSL -4.6%) and JinkoSolar (JKS +4%) head in opposite directions following their Q3...

|About: Trina Solar Limited (TSL)|By:, SA News Editor

Trina Solar (TSL -4.6%) and JinkoSolar (JKS +4%) head in opposite directions following their Q3 reports (I, II). Trina, which warned last week and subsequently plunged, reported a gross margin of just 0.8% (-760 bps Q/Q) and guided for Q4 module shipments of 380MW-400MW (Q3 shipments were 380MW, -9.2% Q/Q). Jinko missed revenue forecasts, but beat EPS estimates thanks to an unexpected 150 bps Q/Q increase in gross margin to 9.9%. Q4 guidance is for module shipments of 250MW-300MW vs. 280MW in Q3. (Trina PR) (JinkoSolar PR)