First Solar, Inc. Announces Second Quarter 2018 Financial Results
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Baird Remains Bullish on First Solar (FSLR) Following 2Q Miss
July 27, 2018 7:44 AM EDTBaird reiterated an Outperform rating and $85.00 price target on First Solar (NASDAQ: FSLR) following the company's 2Q miss. FSLR reported revenue of $309M vs. consensus estimates of $499M, gross margin of (2.6)% vs. 18.6%, and EPS of ($0.46) vs. ($0.03). The miss was driven by the timing of project... More
Guggenheim Remains Sidelined on First Solar (FSLR) Following Weak 2Q
July 27, 2018 7:32 AM EDTGuggenheim reiterated a Neutral rating and $62.00 price target on First Solar (NASDAQ: FSLR) following the company's 2Q earnings report. FSLR reported a weak quarter as higher startup and ramp cost for its Series 6 products coincided with the lack of project sales in... More
