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Stock impact report

KeyBanc Raises First Solar (FSLR) Price Target After Mixed Earnings and Lower FY25 Outlook [Yahoo! Finance]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Yahoo! Finance
announcing record quarterly volume and a solid third-quarter performance, First Solar, Inc. (NASDAQ:FSLR) released dismal full-year guidance on October 30. The company announced revenue of $1.59 billion, which narrowly exceeded the average estimate of $1.58 billion. However, owing to one-time underutilization charges, adjusted earnings per share came in at $4.24, slightly less than the expected $4.27. Pixabay/Public Domain First Solar's revenue prediction for the full year 2025 was reduced from $4.90 to $5.70 billion to $4.95 to $5.20 billion, a figure lower than the $5.3 billion analysts had forecast. The company also lowered its earnings expectation to $14.00-$15.00 per share, down from its previous projection of $13.50-$16.50. That said, the company's net cash position increased from $0.6 billion at the end of the previous quarter to $1.5 billion at the end of the third quarter, mostly as a result of favorable working capital improvements and increased cash receipts from modu Show less Read more
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