What's Going On With First Solar (FSLR) Stock?
Portfolio Pulse from Henry Khederian
First Solar Inc (NASDAQ:FSLR) shares are flat as investors await the company's second-quarter earnings report. Analysts expect EPS of $2.69 and revenue of $941.538 million. The stock has recently fallen due to increased tariffs on Chinese solar panels and market oversupply concerns.
July 30, 2024 | 4:50 pm
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First Solar's stock is flat as investors await the Q2 earnings report. Analysts expect EPS of $2.69 and revenue of $941.538 million. The stock has recently declined due to increased tariffs on Chinese solar panels and market oversupply concerns.
The stock is currently flat as investors are in a wait-and-see mode ahead of the earnings report. The recent decline is attributed to increased tariffs on Chinese solar panels and market oversupply, which could impact profit margins and sales.
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