First
First Photo voltaic (FSLR) closed the latest buying and selling day at $33.69, transferring +0.69% from the earlier buying and selling session. The inventory outpaced the S&P 500’s every day lack of 4.34%. On the identical time, the Dow misplaced 4.55%, and the tech-heavy Nasdaq misplaced 3.79%.
Previous to right now’s buying and selling, shares of the biggest U.S. photo voltaic firm had misplaced 43.59% over the previous month. This has was narrower than the Oils-Power sector’s lack of 51.4% and lagged the S&P 500’s lack of 28.78% in that point.
FSLR can be trying to show energy because it nears its subsequent earnings launch. In that report, analysts count on FSLR to put up earnings of $0.23 per share. This might mark year-over-year development of 135.94%. Our most up-to-date consensus estimate is looking for quarterly income of $547.10 million, up 2.84% from the year-ago interval.
Wanting on the full 12 months, our Zacks Consensus Estimates recommend analysts predict earnings of $3.24 per share and income of $2.91 billion. These totals would mark adjustments of +118.92% and -4.88%, respectively, from final 12 months.
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