First Solar, Inc. Announces Third Quarter 2016 Financial Results
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UBS Reiterates Neutral on First Solar (FSLR) Following 3Q
November 3, 2016 8:58 AM EDTUBS reiterated a Neutral rating and $45.00 price target on First Solar (NASDAQ: FSLR) following the company's 3Q earnings report. UBS expects that primary investor focus will remain on the upcoming 2017 guidance call and see the Cal Flats/Moapa disclosures as the most challenging datapoint to overcome... More
Roth Capital Downgrades First Solar (FSLR) to Neutral
November 3, 2016 7:52 AM EDTRoth Capital downgraded First Solar (NASDAQ: FSLR) from Buy to Neutral.
For an analyst ratings summary and ratings history on First Solar click here. For more ratings news on First Solar click here.
Shares of First Solar closed at $40.58 yesterday.
... MoreFirst Solar (FSLR) PT Lowered to $48 at Baird
November 3, 2016 7:35 AM EDTBaird analyst Ben Kallo lowered his price target on First Solar (NASDAQ: FSLR) to $48.00 (from $58.00) while maintaining an Outperform rating.
Kallo commented, "Q3 results exceeded our estimates with strong gross margin. Bookings remain a focus of the company and, despite continued... More
Needham & Company Remains Sidelined on First Solar (FSLR) Following 2Q
November 3, 2016 7:28 AM EDTNeedham & Company maintained a Hold rating on First Solar (NASDAQ: FSLR) following the company's 2Q earnings report. Revenue of $688MM was meaningfully below the Street's $990MM driven by lower system revenue. FSLR lowered 2016 revenue guidance from $3.8-4.0B to $2.8B$2.9B,... More
Oppenheimer Downgrades First Solar (FSLR) to Perform
November 3, 2016 6:59 AM EDTOppenheimer downgraded First Solar (NASDAQ: FSLR) from Outperform to Perform and removed its price target (prior $56.00).
For an analyst ratings summary and ratings history on First Solar click here. For more ratings news on First Solar click here.
Shares of First Solar closed at $40.58 yesterday.
... MoreFirst Solar (FSLR) Tops Q3 EPS by 48c, Revenue Misses
November 2, 2016 4:31 PM EDTFirst Solar (NASDAQ: FSLR) reported Q3 EPS of $1.22, $0.48 better than the analyst estimate of $0.74. Revenue for the quarter came in at $688 million versus the consensus estimate of $988.6 million.
GUIDANCE:
First Solar sees FY2016 EPS of $4.30-$4.50, versus the consensus... More
