First Solar, Inc. (FSLR) Reports Q4 Miss; Reaffirms FY12 EPS Outlook, Cuts Sales Guidance
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Price: $177.48 -1.45%
EPS Growth %: +400.0%
Financial Fact:
Income before income taxes: 519.84M
Today's EPS Names:
NLY, CP, RUSHA, More
EPS Growth %: +400.0%
Financial Fact:
Income before income taxes: 519.84M
Today's EPS Names:
NLY, CP, RUSHA, More
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First Solar, Inc. (NASDAQ: FSLR) reported Q4 EPS of $1.26, $0.28 worse than the analyst estimate of $1.54. Revenue for the quarter fell 34% sequentially to $660 million versus the consensus estimate of $781.55 million.
Reaffirms FY12 EPS guidance. Cuts sales guidance from $3.7-$4 billion to $3.5-$3.8 billion. The firm is also reducing FY12 operating cash flow from $0.9-$1.1 billion to $0.8-$0.9 billion.
Cash and Marketable Securities at the end of the fourth quarter were $788 million, down from $795 million at the end of the third quarter.
For earnings history and earnings-related data on First Solar, Inc. (FSLR) click here.
Reaffirms FY12 EPS guidance. Cuts sales guidance from $3.7-$4 billion to $3.5-$3.8 billion. The firm is also reducing FY12 operating cash flow from $0.9-$1.1 billion to $0.8-$0.9 billion.
Cash and Marketable Securities at the end of the fourth quarter were $788 million, down from $795 million at the end of the third quarter.
For earnings history and earnings-related data on First Solar, Inc. (FSLR) click here.
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