First Solar Stock Shines on Q4 Earnings Beat and Full-Year Outlook—Key Level to Monitor
FSLRFirst Solar(FSLR) Investopedia·2024-02-28 20:00

Key Takeaways First Solar shares gained in premarket trading Wednesday after the solar panel maker topped analysts' fourth quarter bottom-line estimates and issued better-than-expected full-year earnings guidance. CEO Mark Widmar said the company continues to see strong mid- to long-term demand, especially in the United States. The company expects to receive between 1billionand1 billion and 1.05 billion in tax credits this year. First Solar shares may face selling pressure around $174 near the lower trendline of a W ...