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