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First Solar Inc Lowers FY 2013 Revenue Guidance; Raises FY 2013 Earnings Guidance


Thursday, 31 Oct 2013 04:05pm EDT 

First Solar Inc announced that for fiscal 2013, it expects net sales of $3.4 billion and $3.6 billion, as compared to previous range of $3.6 and $3.8 billion, diluted earnings per share (EPS) is expected to be between $4.25 to $4.50, as compared to previous range of $3.75 to $4.25, and operating income (EBIT) is expected to be between $470million and $490 million, as compared to previous range of $405 million and $435 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $3.6 billion, EPS of $3.77 and EBIT of $419 million for fiscal 2013. 

Company Quote

63.71
-2.1 -3.19%
1 Oct 2014