First Solar, Inc. (NASDAQ:FSLR) Q2 2024 Earnings Conference Call July 30, 2024 4:30 PM ET Company Participants Richard Romero - Investor Relations Mark Widmar - Chief Executive Officer Alex Bradley - Chief Financial Officer Conference Call Participants Philip Shen - ROTH Capital Partners Jon Windham - UBS Andrew Percoco - Morgan Stanley Mark Strouse - JPMorgan Brian Lee - Goldman Sachs Vikram Bagri - Citi Operator Good afternoon, everyone and welcome to First Solar's Second Quarter 2024 Earnings Call. This ...

First Solar (FSLR) came out with quarterly earnings of $3.25 per share, beating the Zacks Consensus Estimate of $2.67 per share. This compares to earnings of $1.85 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 21.72%. A quarter ago, it was expected that this largest U.S. solar company would post earnings of $1.90 per share when it actually produced earnings of $2.20, delivering a surprise of 15.79%.Over the last four quarter ...

Chuck Smith monitors the manufacturing process of the series 6 solar panels during a tour of a First Solar plant in Walbridge, Ohio, U.S., October 6, 2021. Picture taken October 6, 2021.First Solar reported second-quarter results Tuesday that beat revenue and earnings expectations, but the solar technology company left its forecast for the year unchanged.First Solar stock rose about 1% in extended trading.Here is what First Solar reported for the second quarter compared with what Wall Street was expecting, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33156 First Solar, Inc. (Exact name of registrant as specified in its charter) Delaware 20-4623678 (State or other jurisdiction ...

EXHIBIT 99.1 News Release First Solar, Inc. Announces Second Quarter 2024 Financial Results • Net sales of $1.0 billion • Net income per diluted share of $3.25 • Net cash balance of $1.2 billion • Maintain full-year 2024 guidance • YTD net bookings of 3.6 GW; 0.9 GW since first quarter earnings call with an average selling price of 31.6 cents per watt, excluding adjusters and India domestic sales • Expected sales backlog of 75.9 GW TEMPE, Ariz., July 30, 2024 – First Solar, Inc. (Nasdaq: FSLR) (the "Company ...

First Solar (FSLR) is scheduled to release second-quarter 2024 results on Jul 30, after market close. The Zacks Consensus Estimate for revenues is pegged at $946.2 million, implying a 16.7% improvement from the year-ago quarter's reported figure. The consensus mark for second-quarter earnings is pegged at $2.67 per share, suggesting a 44.3% surge from $1.85 reported in the prior-year quarter. The bottom-line estimate has, however, moved down 5.3% in the past 60 days.Image Source: Zacks Investment ResearchFi ...

The market expects First Solar (FSLR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

Overall, renewable energy is considered to be one of the most promising industries for long-term investment; however, not every one of these renewable energy stocks is poised to bring a profit.The renewable energy sector is highly dependent on government policy and subsidies, which are not always reliable due to the political environment. Variations in the levels of regulatory support can affect the feasibility and returns of renewable energy projects. Thus, companies almost entirely dependent on subsidies ...

Investors with an interest in Solar stocks have likely encountered both First Solar (FSLR) and Enphase Energy (ENPH) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores w ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has First Solar (FSLR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question.First Solar is one of 249 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, meas ...