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solar stocks 2014

Article Index

Why First Solar (Nasdaq: FSLR) Stock Is Up 21% Today, and Where It's Headed Now

By , Associate Editor, Money Morning • @KyleAndersonMM -

Shares of First Solar Inc. (Nasdaq: FSLR) are up more than 17% today (Wednesday) after the company released its guidance figures for 2014, 2015, and 2016 at its annual "Analyst Day" meeting.

First Solar expects full-year revenue in 2014 between $3.7 billion and $4 billion, and earnings per share (EPS) between $2.20 and $2.60. This time last year, the company had projected EPS between $2.50 and $4 for 2014.

For 2015, the company expects revenue between $3.8 billion and $4.3 billion, which is on the low end of analysts' estimates of $4.24 billion. FSLR projects 2015 EPS between $4.50 and $4.60, which is above the consensus estimate of $3.82.

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Why First Solar (Nasdaq: FSLR) Stock Is Among Today's Biggest Losers

By , Associate Editor, Money Morning • @KyleAndersonMM -

First Solar Inc. (Nasdaq: FSLR) stock is down 12% today (Wednesday) after reporting Q4 adjusted earnings of $0.89 per share on revenue of $768 million. Analysts surveyed by FactSet had projected earnings per share (EPS) of $0.98 on revenue of $973 million.

The adjusted earnings added $0.25 per share related to a recent agreement for First Solar to sell its facility in Mesa, Ariz. Generally accepted accounting principles (GAAP) earnings were $0.64 per share, which was down from $1.74 the year before.

Revenue for the full year 2013 was $3.31 billion - down 1.8% from 2012. Analysts at Zacks Investment Research had projected yearly revenue of $3.53 billion.

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