Earnings Preview For First Solar
Portfolio Pulse from Benzinga Insights
First Solar (NASDAQ:FSLR) is anticipated to report an EPS of $3.14 in its upcoming quarterly earnings on 2024-02-27. Historical data shows variable stock price reactions to past earnings reports, with a notable 0.27% increase after last quarter's beat. Over the last year, FSLR shares have declined by 14.98%, indicating potential investor concern ahead of this release. Analysts and investors will be particularly focused on the company's guidance for future growth.
February 26, 2024 | 2:01 pm
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First Solar is expected to report an EPS of $3.14 in its upcoming earnings, with historical performance showing mixed reactions to past reports. The stock has seen a 14.98% decline over the past year, making this earnings report particularly significant for investors.
Given First Solar's mixed historical earnings performance and the significant decline in stock price over the past year, the upcoming earnings report is crucial. The expected EPS of $3.14 sets a high bar, but investor focus will likely be on the company's future guidance. The historical data suggests that the market reacts variably to First Solar's earnings reports, making it challenging to predict the short-term stock movement. However, positive guidance could potentially offset the negative trend seen over the past year.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100