Yingli (YGE +3%) pre-announces a better-than-expected Q4: the company says it will report a ~40%...

|About: Yingli Green Energy Holding... (YGE)|By:, SA News Editor

Yingli (YGE +3%) pre-announces a better-than-expected Q4: the company says it will report a ~40% Q/Q increase in solar module shipments on March 4, well above prior guidance for a "low teen percentage increase." However, gross margin is expected to total -8% to -8.5% thanks to inventory and depreciation charges. Shares are up moderately after ripping higher over the last 3 months along with other solar names. Peers are also up: TSL +4.1%. JKS +4.5%. CSIQ +3.5%. LSK +2.9%. SPWR +4.7%.