Market Overview

First Solar Q4 Earnings Outlook

Share:

First Solar (NASDAQ: FSLR) announces its next round of earnings this Thursday, Feb. 21. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.

Earnings and Revenue

Wall Street analysts see First Solar reporting earnings of 63 cents per share on sales of $802.88 million.

In the same quarter last year, First Solar posted an EPS loss of 25 cents on sales of $339.18 million. Sales would be up 136.71 percent on a year-over-year basis. First Solar's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 0.41 0.02 -0.07 -0.31
EPS Actual 0.54 -0.46 0.78 -0.25

Stock Performance

Over the last 52-week period, shares are down 20.94 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The most common rating from analysts on First Solar stock is a Sell. The strength of this rating has dwindled over the past three months.

Conference Call

First Solar's Q4 is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here.

Posted-In: Earnings News

 

Related Articles (FSLR)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com