Why Shares of First Solar, Inc. Jumped in October
Shares of solar manufacturing giant First Solar, Inc. (NASDAQ: FSLR) jumped 19.5% in October, according to data provided by S&P Global Market Intelligence, after reporting earnings that were far better than expected.
Revenue of $1.09 billion and net income of $209.7 million both beat expectations and management also increased full-year earnings guidance to $2.05-$2.30 per share. High panel and solar project prices in the quarter were a huge tailwind for the company.
Image source: First Solar.
Source: Fool.com
First Solar Inc. Aktie
252,50 €
-1,20 %
Überwältigendes Buy-Interesse für First Solar Inc.: 41 Buy-Einschätzungen ohne eine einzige Sell-Einschätzung.
Ein unerwartetes negatives Potenzial von -1.78% für First Solar Inc., trotz eines niedrigeren Kursziels von 248 € als der aktuelle Kurs von 252.5 €.
