First Solar (FSLR) Tops Q1 EPS by 38c, Beats on Revenue; Raises FY17 Guidance on EPS, Op. Cash Flow, Net Cash

Go back to First Solar (FSLR) Tops Q1 EPS by 38c, Beats on Revenue; Raises FY17 Guidance on EPS, Op. Cash Flow, Net Cash

Roth Capital Reiterates Buy on First Solar (FSLR) Following 1Q Beat

May 3, 2017 8:23 AM EDT

Roth Capital reiterated a Buy rating and $40.00 price target on First Solar (NASDAQ: FSLR) following the company's 1Q earnings report. FSLR posted strong Q1 revenue of $892mn vs. consensus of $638mn. Non-GAAP EPS of 12c beat consensus of -13c.

Management increased 2017... More

First Solar (FSLR) Tops Q1 EPS by 38c, Raises FY 2017 Guidance

May 2, 2017 4:06 PM EDT

First Solar (NASDAQ: FSLR) reported Q1 EPS of $0.25, $0.38 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $892 million versus the consensus estimate of $667.8 million.

GUIDANCE:

First Solar sees FY2017 Non-GAAP EPS of $0.25-$0.75, versus the... More