First Solar, Inc. (NASDAQ: FSLR) posted earnings of $1.61 EPS on revenue of $433.7 million. Thomson Reuters (First Call) estimates were $1.30 EPS on $410.4 million in revenues.
As far as guidance, the company said it will discuss this later in the conference call. The consensus estimate for Q1-2009 is $1.39 EPS on $407.06 million in revenue. For 2009, the consensus estimate is $7.00 EPS on $1.98 billion in revenue.
So far, this is a much better report than what we and others expected. Shares closed up 10% at $137.68. They were above $142.00 after the earnings report.
As a reminder, until the company gives guidance, this is considered unfinished business.
Jon C. Ogg
February 24, 2009
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.