Tuesday, April 29, 2008

About First Solar's Earnings Tomorrow (FSLR)

I'm trying to think but nothing happens!
-Jerome "Curly" Howard
Calling All Curs –1939

Nyuk! Nyuk! Nyuk!*

I got nothing. But I think Lazard was trying to tell us something a couple weeks ago when we relayed the price target and our 'weak' comment. As it happens, I just found the link:

From MarketWatch:

Lazard Capital Markets on Wednesday increased its price target for First Solar to $300 a share from $250 a share as part of its overall review of the solar energy sector....MORE

We like Lazard's feel for the solar sector but this seems a bit weak, the stock closed yesterday at $287.32.

Here are the analysts expectations:

Earnings Est Current Qtr
Next Qtr
Current Year
Next Year
Avg. Estimate 0.470.502.535.12
No. of Analysts 24232524
Low Estimate 0.360.341.893.40
High Estimate 0.630.743.506.69
Year Ago EPS

Yahoo has trends, revisions etc. here.

The stock traded up to its all-time-high, $308.24 on the 22nd, the low since that call has been $277.50, this morning.

Vanna, I'd like to buy a clue, please.

Here's "The Curley Shuffle" (talk about obscure)

*More than you ever wanted to know:
...Nyuk! Nyuk! Nyuk! Besides the great timing, his wonderful expressions and priceless bits, Curly made sounds like no one else. His Nyuk! Nyuk! Nyuk! was first heard in 1934's Men In Black, along with his famous Hhhmmm! In The Three Stooges first Columbia short – Woman Haters – Curly gave us the Woob! Woob! Woob! He added the snarling Rrrufff! To the repertoire in 1937's Dizzy Doctors. Among others is Nyagghhh! Usually used when the Boys were confronted by the bad guys, the monster or whomever or whatever was chasing them!