1351 ET - TD Cowen says its remains below consensus on revenue estimates for First Solar as the company heads in 1Q reporting season, "as we believe some project developers have elected to move cautiously given the current political landscape." The analysts think investors will also be focused on the solar panel provider's previously announced warranty issues with its Series 7/6+ modules. These modules experienced an energy production shortfall of between 3% and 4% beyond the 2% warranty level, the analysts say. They add that investors will also be keen to hear the company's progress heading into 2H, given management's expectation for roughly 65% of total revenue to be generated in 2H25. First Solar rises 1% to $123.46. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
April 11, 2025 13:51 ET (17:51 GMT)
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