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First Solar(FSLR) - 2024 Q1 - Earnings Call Transcript
2024-05-02 00:27
First Solar, Inc. (NASDAQ:FSLR) Q1 2024 Results Conference Call May 1, 2024 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Mark Strouse - JPMorgan Andrew Percoco - Morgan Stanley Philip Shen - ROTH MKM Brian Lee - Goldman Sachs Moses Sutton - BNP Paribas Vikram Bagri - Citi Kashy Harrison - Piper Sandler Operator Good afternoon, everyone, and welcome to First Solar's First Quarter 2 ...
First Solar(FSLR) - 2024 Q1 - Quarterly Report
2024-05-01 20:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Commission file number: 001-33156 First Solar, Inc. (Exact name of registrant as specified in its charter) Delaware 20-4623678 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 350 West Washington Street, Suite 600 Tempe, Arizona 852 ...
First Solar(FSLR) - 2024 Q1 - Quarterly Results
2024-05-01 20:18
EXHIBIT 99.1 News Release First Solar, Inc. Announces First Quarter 2024 Financial Results TEMPE, Ariz., May 1, 2024 – First Solar, Inc. (Nasdaq: FSLR) (the "Company") today announced financial results for the first quarter ended March 31, 2024. Net sales for the first quarter were $794 million, a decrease of $0.4 billion from the prior quarter. The decrease was primarily driven by an expected historical seasonal reduction in volume of modules sold. The Company reported first quarter net income per diluted ...
What's in the Cards for First Solar (FSLR) in Q1 Earnings?
Zacks Investment Research· 2024-04-30 12:51
First Solar, Inc. (FSLR) is slated to report first-quarter 2024 results on May 1, after the closing bell.In the last reported quarter, the company delivered an earnings surprise of 1.88%. First Solar has a trailing four-quarter average earnings surprise of 14.16%. Factors to NoteThanks to the higher sales volume of its modules, particularly higher net sales of Series 7 modules, backed by ramped-up production rate at FSLR’s new facility in Ohio, are also likely to have boosted the company’s overall top line ...
Why First Solar (FSLR) is a Top Growth Stock for the Long-Term
Zacks Investment Research· 2024-04-24 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
Solar manufacturers petition U.S. to impose tariffs on imports from four Southeast Asian nations
CNBC· 2024-04-24 13:58
Workers check photovoltaic panels before packing at the New Material 800MW high-efficiency photovoltaic module production line in Zhangye city, Gansu province, China, April 16, 2024.A coalition of U.S. solar manufacturers petitioned the federal government on Wednesday to impose tariffs on imports from four Southeast Asian nations, alleging that the countries are flooding the U.S. market with cheap products that threaten the domestic industry.First Solar and six other manufacturers allege that companies in C ...
First Solar (FSLR) Ascends But Remains Behind Market: Some Facts to Note
Zacks Investment Research· 2024-04-22 22:56
In the latest trading session, First Solar (FSLR) closed at $175.92, marking a +0.5% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.87%. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq added 1.11%.The largest U.S. solar company's shares have seen an increase of 14.17% over the last month, surpassing the Oils-Energy sector's gain of 3.26% and the S&P 500's loss of 3.97%.Investors will be eagerly watching for the performance of First Solar in its upco ...
Here's Why First Solar (FSLR) is a Strong Value Stock
Zacks Investment Research· 2024-04-22 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style S ...
3 Renewable Energy Stocks to Ride the Mega Trend Higher
InvestorPlace· 2024-04-12 10:40
Investors seeking to capitalize on the burgeoning momentum of renewable energy are eyeing the top renewable energy stocks to buy in 2024. As the world transitions to a greener future, the renewable energy sector is a beacon of opportunity. With increasing global awareness of climate change and the pressing need to reduce carbon emissions, renewable energy stocks are prime investment options. These companies drive innovation, harnessing solar, hydroelectric, wind and energy storage to meet the growing demand ...
First Solar: In The Early Stages Of Potentially Massive EPS Growth
Seeking Alpha· 2024-04-12 08:01
SW Photography/DigitalVision via Getty Images When it comes to First Solar (NASDAQ:FSLR), much is actually currently known about the leading North American solar panel manufacturer's prospective growth and earnings trajectory. With a huge backlog of ~80 Gigawatts, a massive deal pipeline in various stages of development, and ASP's that are trending higher, not lower, and there's no question that the company is currently set up to deliver strong results through the end of 2030. The question, at this poin ...