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FSLR

First Solar Inc

$118.85

Earnings Summary

Revenue
$620.96Mn
Net Profits
$55.81Mn
Net Profit Margins
8.99%
PE Ratio
65.06

Highlights

Revenue:

First Solar Inc’s revenue fell -1.31% since last year same period to $620.96Mn in the Q2 2022. On a quarterly growth basis, First Solar Inc has generated 69.18% jump in its revenue since last 3-months.

Net Profits:

First Solar Inc’s net profit fell -32.32% since last year same period to $55.81Mn in the Q2 2022. On a quarterly growth basis, First Solar Inc has generated 229.01% jump in its net profits since last 3-months.

Net Profit Margins:

First Solar Inc’s net profit margin fell -31.42% since last year same period to 8.99% in the Q2 2022. On a quarterly growth basis, First Solar Inc has generated 176.26% jump in its net profit margins since last 3-months.

PE Ratio:

First Solar Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 65.06.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the First Solar Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.54
EPS Estimate Current Year
0.54

Highlights

EPS Estimate Current Quarter:

First Solar Inc’s earning per share (EPS) estimates for the current quarter stand at 0.54 - a 700% jump from last quarter’s estimates.

EPS Estimate Current Year:

First Solar Inc’s earning per share (EPS) estimates for the current year stand at 0.54.

Key Ratios

Key ratios of the First Solar Inc post its Q2 2022 earnings

Earning Per Share (EPS)
0.52
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.03
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

First Solar Inc’s earning per share (EPS) fell -32.47% since last year same period to 0.52 in the Q2 2022. This indicates that the First Solar Inc has generated -32.47% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. First Solar Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. First Solar Inc’s return on equity (ROE) stands at 0.03.

Dividend Per Share (DPS):

First Solar Inc declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-29
-0.42
-0.41
2.38%
2022-07-29
-0.09
0.52
677.78%

Company Information

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar solutions, which use its advanced module and system technology. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar's renewable energy solutions protect and enhance the environment.

Organisation
First Solar Inc
Headquarters
Tempe, Arizona, US
Employees
5.1K
Industry
Electronic Technology
CEO
Mark Widmar