Investing.com -- First Solar Inc (NASDAQ:FSLR) reported fourth-quarter earnings below Wall Street estimates on Tuesday while its full-year profit forecast also came in shy of expectations. Shares of First Solar were down 1% at $146.5 in aftermarket.
The solar panel maker posted earnings per share of $3.65 for the quarter ended Dec. 31, missing analysts’ average estimate of $4.83.
Revenue for the quarter was $1.5 billion, slightly ahead of analysts’ expectations of $1.49 billion.
First Solar expects earnings per share of $17.00 to $20.00 for 2025, compared with the consensus estimate of $20.17. The company forecast full-year revenue of $5.3 billion to $5.8 billion, versus expectations of $5.52 billion.
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