First Solar, Inc. Announces Preliminary Third Quarter 2015 Financial Results

Raymond James Sees Risks Ahead for First Solar (FSLR) Despite Near-Term Upside

Renewable Energy analyst at Raymond James, Pavel Molchanov, published an earnings recap note this morning looking beyond the near term upside to see risks ahead for First Solar (NASDAQ: FSLR)

Revenue of $1.3 billion rose by 43% y/y, and gross margin of 38.1% was at the highest level since 2011. EPS of $3.38 was more than double consensus of $1.53.

Revenue... More

First Solar (FSLR) PT Raised to $75 at Cowen

Cowen analyst Jeffrey Osborne reiterated an Outperform rating and boosted his price target on First Solar (NASDAQ: FSLR) to $75.00 (from $65.00) following a strong quarter bolstered by project sales and cost reductions.

Osborne commented, "First Solar posted better than expected top and bottom line... More

First Solar (FSLR) Reported a Strong EPS Beat in 3Q; Baird Reiterates Outperform

Baird reiterated an Outperform rating and $69.00 Price Target on First Solar (NASDAQ: FSLR) following the company's 3Q earnings results. FSLR reported record revenue of $1.27B vs. consensus estimates of $1.11B. Non-GAAP EPS was $3.38 vs. $1.64 consensus. FSLR guided to 2015 sales of $3.5B to $3.6B and EPS... More

First Solar (FSLR) Sells Majority Interest in Desert Stateline Project; Needham & Company Reiterates Buy

Needham & Company reiterated a Buy rating and $70.00 price target on First Solar (NASDAQ: FSLR) following the company's 3Q results and interest sale in the Desert Stateline project. Revenue and EPS of $1.271B and $3.38 was well ahead of the Street's $1.1B and $1.50, as FSLR sold... More

First Solar (FSLR) Reports Q3 EPS of $3.38

First Solar (NASDAQ: FSLR) reported Q3 EPS of $3.38, may not compare to the analyst estimate of $1.55. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.11 billion.

We had tremendous execution in the third quarter from both a financial and... More