First Solar (NASDAQ:FSLR) Slips on Disappointing Outlook

2/19/2010-Shares of First Solar (NASDAQ:FSLR) are trading 7.3% lower to $117.10 premarket Friday after the world's largest maker of thin-film solar power modules reiterated its prior 2010 sales forecast of $2.7 billion to $2.9 billion, vs. the consensus estimates of $2.73 billion, and its EPS forecast of $6.05 to $6.85, vs. the consensus estimates of $6.37.

Investors expected the company would raise its guidance.