First Solar Stock News

First Solar, Inc. (FSLR) CEO Mark Widmar on Q4 2021 Results - Earnings Call Transcript

Shares of First Solar Inc. fell more than 11% in the extended session Tuesday after the solar-panel maker reported a mixed quarter, with sales falling short of Wall Street expectations, and 2022 sales guidance was lower than estimates. First Solar said it earned $131 million, or $1.23 a share, in the fourth quarter, compared with $45 million, or 42 cents a share, in the year-ago quarter. Sales rose to $907 million from $584 million a year ago. Analysts polled by FactSet expected the company to report adjusted profit of $1.06 a share on sales of $918 million. The industry faced "supply chain, logistics, cost, and pandemic-related challenges," Chief Executive Mark Widmar said in a statement, and continues to navigate near-term headwinds. The year is "pivotal" and will revolve around "continued significant investment in R&D, new products, manufacturing expansion, and employing new contracting strategies," he said. First Solar guided for 2022 net sales between $2.4 billion and $2.6 billion, and 2022 EPS between breakeven and 60 cents a share.

First Solar stock plunged as the solar products company reported quarterly results that fell short on revenue, as did the outlook for 2022.

First Solar press release (FSLR): Q4 GAAP EPS of $1.23 beats by $0.15.Revenue of $907.3M (+48.9% Y/Y) misses by $17.68M.Shares -16%.2022 net sales guidance of $2.4 billion…

TEMPE, Ariz., March 01, 2022 (GLOBE NEWSWIRE) -- First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the fourth quarter and year ended December 31, 2021. Net sales for the fourth quarter were $0.9 billion, an increase of $0.3 billion from the prior quarter. The increase was primarily a result of international project sales and increased module sales in the fourth quarter.

First Solar (FSLR) delivered earnings and revenue surprises of 14.95% and 0.83%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

The solar-panel manufacturer has faced rising raw material costs and supply chain bottlenecks.

Shares of First Solar Inc. FSLR, +0.44% fell more than 11% in the extended session Tuesday after the solar-panel maker reported a mixed quarter, with sales falling short of Wall Street expectations, a

Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers and following industry trends. Here are the latest analyst rating updates for Plug Power Inc (NASDAQ: PLUG ), First Solar, Inc. (NASDAQ: FSLR ) and Urban Outfitters, Inc. (NASDAQ: URBN ): The latest price target for Plug Power was by Susquehanna on Jan. 26. The analyst firm set a price target of $26, a possible 2.81% upside. Thirty-one analyst firms have reported … Full story available on Benzinga.com

NEW YORK, March 1, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of First Solar, Inc. (NASDAQ: FSLR) alleging that the Company violated federal securities laws. This lawsuit is on behalf of all persons or entities…

First Solar (NASDAQ:FSLR) is scheduled to announce Q4 earnings results on Tuesday, March 1st, after market close.The consensus EPS Estimate is $1.06 and the consensus Revenue Estimate…

First Solar's (FSLR) Q4 results are likely to reflect solid demand for CadTel technology and higher shipments along with the impacts of higher freight costs.

NEW YORK, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of KE Holdings (NYSE: BEKE), Meta Materials, Inc. (NASDAQ: MMAT), Bright Health Group, Inc. (NYSE: BHG), and First Solar, Inc. (NASDAQ: FSLR). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

Worldandapos;s First Solar Highwayandapos; Opens in China for Testing. Jinan, the capital city of Chinaandapos;s Shandong province, opened on Thursday a kilometer-long stretch of solar expressway for testing, joining France and the Netherlands that have tapped into the nascent technology.

NEW YORK, Feb. 19, 2022 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against First Solar, Inc. (First Solar or the Company) (NASDAQ: FSLR) and reminds investors of the March 8, 2022 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.