First Solar Inc reports results for the quarter ended June 30 - Earnings Summary

First Solar

31/07/2026 06:57

First Solar Inc FSLR.OQ reported quarterly adjusted earnings of $3.92​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $3.18.  The mean expectation of twenty nine analysts for the quarter was for earnings of $2.87 per share. Wall Street expected results to range from $2.42  to $4.30 per share.
Revenue rose 23.6% to $1.04 billion from a year ago; analysts expected $1.04 billion. 
First Solar Inc's reported EPS for the quarter was $3.92​.
The company reported quarterly net income of $346.62 million.
First Solar Inc shares had fallen by 12.7% this quarter and lost 21.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.3% in the last three months.​ 
In the last 30 days, ten analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 27 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is also "buy" 
Wall Street's median 12-month price target for First Solar Inc is $260.00, about 20.8% above its last closing price of $206.01
This summary was machine generated from LSEG data July 31 at 05:57 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
2.87
3.22
Beat
Dec. 31 2025 
5.15
4.84
Missed
Sep. 30 2025 
4.25
4.84
Beat
Sep. 30 2025 
4.25
3.18
Missed