What's Going On With First Solar Stock Today?

-2.55%

First Solar, Inc.

FSLR

177.98

-2.55%

First Solar, Inc. (NASDAQ:FSLR) shares are trading lower on Monday, ahead of the company's third-quarter earnings report on Tuesday.

What To Know: First Solar is set to report third-quarter earnings after the market close on Tuesday. The company is expected to report earnings of $2.06 per share and revenue of $894.12 million.

First Solar stock has been trading down since last Friday when the solar sector was impacted by weak fourth-quarter guidance issued by Enphase Energy, Inc. on Thursday. Enphase anticipates revenue in a range between $300 million and $350 million, versus the $601.24 million estimate

Related Link: These Analysts Revise Their Forecasts On Chevron After Q3 Earnings

FSLR Price Action: Shares of FSLR were down 4.74% at $136.47 at the time of publication, according to Benzinga Pro.

Image by PublicDomainPictures from Pixabay

More This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.