Does The Street Have First Solar Figured Out?
First Solar (NAS: FSLR) is expected to report Q4 earnings on Feb. 26. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict First Solar's revenues will expand 100.3% and EPS will expand 38.9%.
The average estimate for revenue is $1.32 billion. On the bottom line, the average EPS estimate is $1.75.
Last quarter, First Solar logged revenue of $839.1 million. GAAP reported sales were 17% lower than the prior-year quarter's $1.01 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.27. GAAP EPS of $1.00 for Q3 were 56% lower than the prior-year quarter's $2.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 28.4%, 930 basis points worse than the prior-year quarter. Operating margin was 15.6%, 740 basis points worse than the prior-year quarter. Net margin was 10.5%, 900 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $3.62 billion. The average EPS estimate is $4.61.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 3,153 members out of 3,895 rating the stock outperform, and 742 members rating it underperform. Among 623 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 424 give First Solar a green thumbs-up, and 199 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on First Solar is hold, with an average price target of $20.40.
Is First Solar the best semiconductor stock for you? You may be missing something obvious. Check out the semiconductor company that Motley Fool analysts expect to lead "The Next Trillion-dollar Revolution." Click here for instant access to this free report.
- Add First Solar to My Watchlist.
The article Does The Street Have First Solar Figured Out? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.