First Solar Climbs After Forecasting Higher 2015 EarningsChristopher Martin
First Solar Inc., the largest U.S. solar manufacturer, climbed the most in more than four months after saying profit will increase to $4.50 to $6 a share in 2015.
First Solar rose 11 percent to $63.62 at 10:20 a.m. in New York, the biggest intraday gain since Nov. 1. Profit this year will be in the range of $2.20 to $2.60 a share, the Tempe, Arizona-based company said today in a presentation for an analyst event in New York.
The company posted net income of $353 million in 2013, or $3.70 a share.