First Solar Up After Smashing Analyst Forecasts

By | August 4, 2015

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First Solar (FSLR) stock was up 6% in after-hours trading Tuesday, after the solar panel maker reported Q2 earnings and revenue that smashed Wall Street forecasts. In Q2, First Solar posted revenue of $896 million, up 65% from the year-earlier quarter, and per-share earnings of 93 cents, vs. 4 cents in Q2 2014. The consensus of 14 analysts polled by Thomson Reuters was for revenue of $752 million and EPS of 36 cents. The Q2 EPS included a Scalper1 News

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