Trina Solar Ltd. Profit Rises 293% In Q4

(RTTNews) - Trina Solar Ltd. (TSL) announced earnings for its fourth quarter that climbed from last year.

The company said its bottom line rose to $41.68 million, or $0.43 per share. This was up from $10.61 million, or $0.13 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 36.4% to $961.88 million. This was up from $705.04 million last year.

Trina Solar Ltd. earnings at a glance:

-Earnings (Q4): $41.68 Mln. vs. $10.61 Mln. last year. -Earnings Growth (Y-o-Y): 292.8% -EPS (Q4): $0.43 vs. $0.13 last year. -EPS Growth (Y-o-Y): 230.8% -Analysts Estimate: $0.28 -Revenue (Q4): $961.88 Mln vs. $705.04 Mln last year. -Revenue Change (Y-o-Y): 36.4%