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Benzinga

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First Solar: Q1 Earnings Insights

First Solar Nasdaq

First Solar (NASDAQ: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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