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FSLR

First Solar, Inc.

$211.8

Earnings Summary

Revenue
$794.11Mn
Net Profits
$236.62Mn
Net Profit Margins
29.8%
PE Ratio
23.19

Highlights

Revenue:

First Solar, Inc.’s revenue jumped 44.83% since last year same period to $794.11Mn in the Q1 2024. On a quarterly growth basis, First Solar, Inc. has generated -31.46% fall in its revenue since last 3-months.

Net Profits:

First Solar, Inc.’s net profit jumped 455.95% since last year same period to $236.62Mn in the Q1 2024. On a quarterly growth basis, First Solar, Inc. has generated -32.25% fall in its net profits since last 3-months.

Net Profit Margins:

First Solar, Inc.’s net profit margin jumped 283.85% since last year same period to 29.8% in the Q1 2024. On a quarterly growth basis, First Solar, Inc. has generated -1.15% fall in its net profit margins since last 3-months.

PE Ratio:

First Solar, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 23.19.

Earnings per share (EPS) Estimates

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

EPS Estimate Current Quarter
2.67
EPS Estimate Current Year
2.67

Highlights

EPS Estimate Current Quarter:

First Solar, Inc.’s earning per share (EPS) estimates for the current quarter stand at 2.67 - a 34.17% 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 2.67.

Key Ratios

Key ratios of the First Solar, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
2.2
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.16

Highlights

Earning Per Share (EPS):

First Solar, Inc.’s earning per share (EPS) jumped 450% since last year same period to 2.2 in the Q1 2024. This indicates that the First Solar, Inc. has generated 450% annual rate of jump 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 0.07.

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 0.16.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-01
1.99
2.2
10.55%