Earnings Summary

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.

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.

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.

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

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.

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

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) 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.

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.

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