First Solar (FSLR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - First Solar reported revenue of $1.51 billion for the quarter ended December 2024, reflecting a year-over-year increase of 30.7% [1] - The earnings per share (EPS) for the quarter was $3.65, up from $3.25 in the same quarter last year, but fell short of the consensus estimate of $4.64, resulting in an EPS surprise of -21.34% [1] - The revenue exceeded the Zacks Consensus Estimate of $1.47 billion by 2.98% [1] Performance Metrics - First Solar sold 5,122 MW of modules, which was below the average estimate of 5,352.46 MW from seven analysts [4] - The company produced 4,299 MW of modules, also falling short of the average estimate of 4,618.31 MW from four analysts [4] - Net sales from modules were reported at $1.51 billion, aligning with the average estimate of $1.47 billion [4] - Net sales from other sources were $0.15 million, significantly lower than the average estimate of $1.03 million, representing a year-over-year decline of 84.2% [4] - Gross profit from modules was $567.81 million, compared to the estimated $683.76 million [4] - First Solar's stock has returned -6.9% over the past month, while the Zacks S&P 500 composite has changed by -1.8% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]