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Stock impact report

Why Is First Solar (FSLR) Up 12.2% Since Last Earnings Report? [Yahoo! Finance]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is First Solar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. First Solar Q4 Earnings Beat Estimates, Sales Rise Y/Y First Solar reported fourth-quarter 2023 earnings of $3.25 per share against the prior-year quarter's reported loss of 7 cents per share. The bottom line beat the Zacks Consensus Estimate of $3.19 by 1.9%. FSLR recorded earnings of $7.74 per share in 2023 against a loss of 41 cents per share in 2022. Sales Update First Solar's fourth-quarter net sales were $1,158.6 million, which lagged the Zacks Consensus Estimate of $1,311 million by 1.7%. However, the top line improved 15.6% from the year-ago quarter's $1,002.4 million. The year-over-year upside can be attributed to increased module sales. For 2023, the company Show less Read more
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