First Solar: Q1 Earnings Insights

First Solar FSLR reported its Q1 earnings results on Thursday, April 28, 2022 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

First Solar beat estimated earnings by 2.38%, reporting an EPS of $-0.41 versus an estimate of $-0.42.

Revenue was down $436.33 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 8.08% drop in the share price the next day.

Here's a look at First Solar's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.06 0.59 0.64 0.94
EPS Actual 1.23 0.42 0.77 0.81
Revenue Estimate 917.69M 684.96M 617.22M 771.31M
Revenue Actual 907.32M 583.50M 629.18M 803.37M

To track all earnings releases for First Solar visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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