First Solar shares down as Q4 profit miss, issues 2025 guidance below expectations

Investing.com -- First Solar Inc (NASDAQ: FSLR) reported fourth-quarter earnings below Wall Street estimates on Tuesday while its full-year profit forecast also came in shy of expectations. Shares of First Solar were down 1% at $146.5 in aftermarket.

The solar panel maker posted earnings per share of $3.65 for the quarter ended Dec. 31, missing analysts’ average estimate of $4.83.

Revenue for the quarter was $1.5 billion, slightly ahead of analysts’ expectations of $1.49 billion.

First Solar expects earnings per share of $17.00 to $20.00 for 2025, compared with the consensus estimate of $20.17. The company forecast full-year revenue of $5.3 billion to $5.8 billion, versus expectations of $5.52 billion.

You May Also Be Interested In

• onsemi downgraded by TD Cowen after Synaptics deal clouds growth story
• UN estimates 80 mines remain in Hormuz
• Gulfport Energy and Mobility Global to join S&P SmallCap 600