First Solar (FSLR) Tops Q4 EPS Expectations; Trims FY16 Revenue Outlook
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First Solar (FSLR) Moves to Highs Following EPS
February 24, 2016 12:58 PM ESTFirst Solar (NASDAQ: FSLR) is moving to the highs of the session following strong earnings after the close. Shares are up 13.6% to $70.17.
... MoreRoth Sees Continued Momentum for First Solar (FSLR) as 2016 Progresses; Affirms at 'Buy'
February 24, 2016 9:21 AM ESTRoth Capital affirmed its Buy rating and $80 price target on First Solar (Nasdaq: FSLR) following Q4 results issued Tuesday night.
Analyst Phillip Shen offered the following thoughts: Heading into the quarter, investors were focused on FSLR's 2017 outlook. Key takeaways include (1) Bookings of 429MWdc... More
FirstSolar (FSLR) Q4 Ahead of Expectations with Catalyst Coming - Baird
February 24, 2016 7:28 AM ESTFirst Solar (NASDAQ: FSLR) beat estimates across the board and showed strong gross margin. Additionally, FSLR significantly expanded its potential booking opportunities, particularly in North America, and maintained 2016 EPS guidance, which was expected to be cut given the ITC extension. Baird analyst, Ben Kallo, believes that FSLR is the best Solar play in 2016+ given its strong balance sheet, ability to quickly ramp capacity through dormant production lines, and industry-leading cost structure. No change to Outperform rating but the PT increases to $74 from $69.
FSLR reported revenue of $942M... More
Needham & Company Remains Neutral on First Solar (FSLR) Following 4Q EPS Beat
February 24, 2016 6:46 AM ESTNeedham & Company reiterated a Hold rating on First Solar (NASDAQ: FSLR), following the company's 4Q earnings report. FSLR reported strong results on improved costs and tax benefits. Revenue of $942MM was largely inline with the Street's $929MM, but EPS of $1.60 was well ahead of... More
