First Solar (FSLR) Reports Q3 EPS of $3.38
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Go back to First Solar (FSLR) Reports Q3 EPS of $3.38
October 30, 2015 10:32 AM EDT
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
October 30, 2015 8:26 AM EDT
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
October 30, 2015 7:59 AM EDT
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
October 30, 2015 6:51 AM EDT
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
