First Solar (FSLR) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this largest U.S. solar company have returned +11.4%, compared to the Zacks S&P 500 composite's +4.8% change. During this period, the Zacks Solar industry, which First Solar falls in, has gained 5.6%. The key question now is: What could be the stock's future direction? ...

Shares of First Solar, Inc. (FSLR) rose 2.9% to $149.25 on Feb 28, following the company’s recent report release.  The company reported fourth-quarter 2023 earnings of $3.25 per share against the prior-year quarter’s reported loss of 7 cents per share. The bottom line beat the Zacks Consensus Estimate of $3.19 by 1.9%.FSLR recorded earnings of $7.74 per share in 2023 against a loss of 41 cents per share in 2022.Sales UpdateFirst Solar’s fourth-quarter net sales were $1,158.6 million, which lagged the Zacks ...

The past year has been extremely difficult for solar companies and First Solar (NASDAQ:FSLR) has been no exception. These companies have experienced a slew of headwinds, such as higher interest rates and falling demand. However, FSLR stock is rising today after reporting its fourth-quarter and 2023 full-year earnings. For the quarter, revenue tallied in at $1.15 billion, which was below the analyst estimate for $1.3 billion. EPS came in at $3.25, beating the estimate for $3.19. "Few years have been as conse ...

A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022. Picture taken with drone.First Solar shares jumped Wednesday after reporting another solid quarter, with the company booked solid through 2026 and an order backlog that stretches into the end of the decade.The stock traded as much as 9% higher on the day. It was last up about 2%.Here's how the company did in the fourth quarter:Net income rose 30% year over year to $349.2 million from $268.3 millionEarnings per share of $3.25 beat ...

Key TakeawaysFirst Solar shares gained in premarket trading Wednesday after the solar panel maker topped analysts' fourth quarter bottom-line estimates and issued better-than-expected full-year earnings guidance.CEO Mark Widmar said the company continues to see strong mid- to long-term demand, especially in the United States.The company expects to receive between $1 billion and $1.05 billion in tax credits this year.First Solar shares may face selling pressure around $174 near the lower trendline of a Wycko ...

First Solar Inc. shares rose about 5% in the extended session Tuesday after investors looked past a mixed quarter for the solar-power company to cheer guidance for the year. First Solar FSLR, +0.28% earned $349 million, or $3.25 a share, in the fourth quarter, compared with $268 million, or $2.50 a share, in the year-ago period. ...

First Solar, Inc. (NASDAQ:FSLR) Q4 2023 Earnings Conference Call February 27, 2024 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Moses Sutton - BNP Paribas Philip Shen - Roth Capital Partners Operator Good afternoon, everyone, and welcome to First Solar's Fourth Quarter and Full-Year 2023 Earnings and 2024 Financial Guidance Call. This call is being webcast live on the Investors se ...

First Solar (FSLR) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $3.19 per share. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.88%. A quarter ago, it was expected that this largest U.S. solar company would post earnings of $2.09 per share when it actually produced earnings of $2.50, delivering a surprise of 19.62%.Over the last four quarters, th ...

The global fight against climate change has fueled a surge in investor interest towards green energy stocks. Companies operating in the renewable energy sector, like wind, solar, hydrogen, electric vehicles (EVs) and energy storage continue to attract increased attention. Tesla (NASDAQ:TSLA) has been a big proponent of this interest, as the company has far outpaced the S&P 500 over the last decade. Now, a new wave of investors who seek to contribute to a greener future possess the potential to benefit from ...

First Solar Q4'23 Earnings and 2024 Guidance Call February 27, 2024 | Important Information Cautionary Note Regarding Forward Looking Statements This presentation contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements in this presentation, other than statements of historical fact, are forward-looking statements. These forward-looking statements include, but are not limited to, statements concerning: demand ...