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✉news EnvironmentEnergy first seen 8 h ago, last 19 min ago, peak #10

First Solar Cuts Guidance Despite Solid Earnings Report

Original: Lower Guidance Clouds First Solar Earnings Despite Rays of Light on the Horizon

First Solar reported earnings that included lowered guidance, overshadowing otherwise positive results. Coverage, including Barron's, notes the reduced outlook weighed on the stock story even as some longer-term signs remain encouraging for the solar manufacturer. Investors are weighing the weaker near-term forecast against the company's fundamentals and the broader outlook for the solar industry.

Why now: Lowered guidance from a major solar manufacturer is moving the stock and drawing investor attention

First Solar

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