Seeking Alpha

First Solar beats by $0.58, beats on revenue

  • First Solar (FSLR): Q1 EPS of $1.10 beats by $0.58.
  • Revenue of $950M (+25.8% Y/Y) beats by $112.1M.
  • Shares +5.2%.
  • Press Release
Comments (5)
  • Sermer
    , contributor
    Comments (85) | Send Message
    Don't bet against solar :)
    I'm long the whole industry!
    6 May, 05:50 PM Reply Like
  • JoshE
    , contributor
    Comments (46) | Send Message
    That chart that showed the parabolic improvement of $ per KwH sold me months ago. Hindsight is 20/20, but it's certainly a safer bet now, with the tech where it is and the glut of Chinese competition ebbing, then it was for many years.


    Just need to convince the wife to let me place my bets... ;-) You prefer the mix of KWT or TAN, outta curiosity?
    6 May, 06:58 PM Reply Like
  • Sermer
    , contributor
    Comments (85) | Send Message
    I like TAN, FSLR, SCTY, SPWR, and many other solar stocks. I really don't think you can go wrong with any solar bet as long as you are willing to hate yourself sometimes. SCTY was down over 12% today and I felt like "what did I get myself into??". Instead of selling I bought more shares and now its up 8% AH.
    Solar is a long term play that will be unfolding into 2020.
    7 May, 05:21 PM Reply Like
  • Island_Dweller
    , contributor
    Comments (360) | Send Message
    Wasn't terribly long ago when this entire sector was in the dog house.
    6 May, 06:44 PM Reply Like
  • Moon Kil Woong
    , contributor
    Comments (11024) | Send Message
    You may not be that far from a return to the doghouse. As is, solarization seems to be the new door knocking sales item: "For $25,000 you can save tons or you can let us install it as long as you guarantee to pay all your utility bill to us forever".


    This tactic works as long as people spare cash or are dumb enough to not only to give away their rooftop to whomever, but let them charge you for the pleasure. In the meantime, solar continues to advance leaving millions with crap on their roofs which will need to be replaced. I'd say in 10 years solar will probably be advanced enough with high enough effective conversion rates to be affordable, long lasting, and cheap enough to install.


    Sadly, if you put in solar 5 years ago it's archaic by now, 10 years ago it's utterly garbage. The same goes with everyone putting in the solar industry's discarded panels today. the good stuff goes to those who know and demand the best. The homeowner gets the cheap sales tactics and lower quality panels. And there are millions of those with plenty more for foot and head wiggling windowsill toys and solar calculators that go bad just like your roof panels.


    The war over solar will be won by the best technology and First Solar is no sure fire guarantee. ditch the industry at the first sign of an economic downturn which is about now.
    7 May, 03:13 AM Reply Like
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