Earnings Summary

First Solar, Inc.’s revenue jumped 24.65% since last year same period to $1010.48Mn in the Q2 2024. On a quarterly growth basis, First Solar, Inc. has generated 27.25% jump in its revenue since last 3-months.

First Solar, Inc.’s net profit jumped 104.81% since last year same period to $349.36Mn in the Q2 2024. On a quarterly growth basis, First Solar, Inc. has generated 47.65% jump in its net profits since last 3-months.

First Solar, Inc.’s net profit margin jumped 64.31% since last year same period to 34.57% in the Q2 2024. On a quarterly growth basis, First Solar, Inc. has generated 16.03% jump in its net profit margins since last 3-months.

First Solar, Inc.’s price-to-earnings ratio after this Q2 2024 earnings stands at 18.14.

First Solar, Inc.’s earning per share (EPS) estimates for the current quarter stand at 3.1 - a 15.24% jump from last quarter’s estimates.

First Solar, Inc.’s earning per share (EPS) estimates for the current year stand at 3.1.

First Solar, Inc.’s earning per share (EPS) jumped 104.4% since last year same period to 3.25 in the Q2 2024. This indicates that the First Solar, Inc. has generated 104.4% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.08.

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 0.18.