Trina Solar Limited provided earnings outlook for third quarter of 2013. For the period, the company estimates that its overall gross margin to be between 14.5% and 15.5% compared to the company's previous guidance of low double digits in percentage terms. The company expects its net earnings results in the third quarter of 2013 to be impacted by: an incremental accounts receivable provision of between $9.5 million and $10.5 million. A foreign currency exchange gain of $7.5 million to $8.5 million, net of change in fair value of derivative instruments.
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Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
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-26.95% | 6.23B | |
+14.05% | 20.25B | |
+88.50% | 19.76B | |
-18.10% | 3.05B | |
-25.22% | 2.33B | |
-18.45% | 2.08B | |
+7.69% | 1.14B | |
-28.08% | 1.1B | |
+124.17% | 1.1B | |
-7.87% | 976M |
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