Tag Archives: fslr

Hard-Hit Solar Stocks Light Up Before Key Conference

SunEdison (SUNE) stock jumped Tuesday, tugging several beleaguered solar stocks with it ahead of the Solar Power International Conference. Solar companies SolarCity (SCTY), First Solar (FSLR), SunPower (SPWR), Canadian Solar (CSIQ), Trina Solar (TSL) and JA Solar (JASO), among others, will attend. Vice President Joe Biden is scheduled to speak Wednesday at the 15,000-guest event in Anaheim, Calif. On Tuesday as the market lifted broadly, solar

First Solar Soars After Q2 Beat, Price Targets Hiked

First Solar (FSLR) stock was up 17% in afternoon trading Wednesday as analysts trumpeted the solar panel maker’s “across the board” second-quarter beat. In Q2, First Solar nearly tripled Wall Street’s per-share earnings forecast and posted $896 million in revenue, up 65% from the year-earlier quarter and well ahead of analyst views of $752 million. At least three analysts upped their price targets on First Solar stock. Needham & Co., however, cut

First Solar Up After Smashing Analyst Forecasts

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