Tag Archives: fslr

First Solar, SunPower Torched On Missed Sales Guide

First Solar (FSLR) stock got burned Wednesday after the No. 1 solar panel maker guided to 2016 sales that narrowly missed Wall Street predictions at the midpoint, helping to torch SunPower (SPWR) — which announced a debt offering — in its wake. The First Solar-SunPower conflagration bucked an uptrend that lifted solar stocks in Wednesday’s regular session. Shares of SunEdison (SUNE), TerraForm Power (TERP), TerraForm Global (GLBL) and Vivint Solar

First Solar, SunPower Shine After Earnings

Shares of First Solar (FSLR) and SunPower (SPWR) lit up Thursday after the companies posted solid earnings and guidance, but SolarCity fell. Late Thursday, solar panel maker First Solar said Q3 earnings jumped 288% vs. the year-earlier quarter and projected another 12.5% EPS growth for Q4. SolarCity (SCTY) stock, however, was down 20% in after-hours trading, after the No. 1 solar installer reported Q3 per-share losses that deepened. SunPower

Solar Firms, Utilities Clash As 30% Tax Credit Fades

The solar industry and utilities are prepping for a battle on Capitol Hill over an expiring 30% subsidy that benefits the greener industry and threatens the traditional powers that be. On one side, solar energy companies — like SolarCity (SCTY), First Solar (FSLR), SunPower (SPWR), SunEdison (SUNE) and Sunrun (RUN) — say the 30% investment tax credit (ITC) has guided their fledgling industry to 1,600% growth in installations over the subsidy’s