First Solar, Inc. Announces Second Quarter 2015 Financial Results

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Go back to First Solar, Inc. Announces Second Quarter 2015 Financial Results

Needham & Company Cuts Price Target on First Solar (FSLR) to $70 Following 2Q Results

August 5, 2015 9:20 AM EDT

Needham & Company maintained a Buy rating on First Solar (NASDAQ: FSLR), and cut the price target to $70.00 (from $73.00), following 2Q15 results. FSLR reported revenue and EPS of $896M and $0.93, above the Street's $789M and $0.49 respectively. Full year revenue and EPS guidance of $3.5B-$3.6B and... More

Cowen Upgrades First Solar (FSLR) to Outperform

August 5, 2015 6:50 AM EDT

Cowen upgraded First Solar (NASDAQ: FSLR) from Neutral to Outperform with a price target of $65.00 (from $62.00) following Q2 results, citing improved visibility on pipeline and cost optimization.

Analyst Jeffrey Osborne commented, "FSLR reported strong results, beating estimates. Key milestones met during... More

First Solar (FSLR) PT Raised to $69 at Baird Post Q2; Lists 12 Reasons to Own the Stock

August 5, 2015 6:40 AM EDT

Baird analyst Ben Kallo reiterated an Outperform rating and raised his price target on First Solar (NASDAQ: FSLR) to $69.00 (from $66.00) following Q2 beat and strong guidance.

Kallo commented, "FSLR beat estimates across the board, had a strong book to bill ratio, and continues to make... More

First Solar (FSLR) Tops Q2 EPS by 57c

August 4, 2015 4:05 PM EDT

First Solar (NASDAQ: FSLR) reported Q2 EPS of $0.93, $0.57 better than the analyst estimate of $0.36. Revenue for the quarter came in at $896 million versus the consensus estimate of $751.72 million.

First Solar sees FY2015 EPS of $3.30-$3.60, versus the consensus of $2.36. First Solar sees FY2015... More