Tuesday, August 6, 2013

UPDATED--Earnings: "First Solar, Inc. Misses Q2 EPS by 13c; Cuts FY13 Outlook" (FSLR)

Update: "First Solar Q2 13 Earnings Conference Call At 4:30 PM ET (FSLR)"
Original post:

After trading down 2.32% ($1.11) during regular trade the stock is off a further 7.27% at $43.35 after hours.
From Street Insider:
First Solar, Inc. (NASDAQ: FSLR) reported Q2 EPS of $0.39, $0.13 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $520 million versus the consensus estimate of $721.08 million.

First Solar, Inc. sees FY2013 EPS of $3.75-$4.25, versus prior guidance of $4-$4.5 and the consensus of $4.14. First Solar, Inc. sees FY2013 revenue of $3.6-3.8 million, versus prior guidance of $3.8-4.0 million and the consensus of $3.83 million....