First Solar Maintains 2024 Guidance; Sees EPS $13-$14 And Revenue $4.4B-$4.6B
Portfolio Pulse from Benzinga Newsdesk
First Solar has reaffirmed its 2024 financial guidance, projecting earnings per share (EPS) between $13 and $14, and revenue forecasts ranging from $4.4 billion to $4.6 billion.
May 01, 2024 | 8:03 pm
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POSITIVE IMPACT
First Solar maintains its 2024 guidance with EPS of $13-$14 and revenue projections of $4.4B-$4.6B.
Reaffirming financial guidance, especially with such optimistic EPS and revenue projections, is typically viewed positively by the market. It suggests that First Solar is confident in its operational stability and growth prospects, which could lead to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100