Benzinga | Nov 5, 2021 09:22AM EDT

First Solar Q3 EPS $0.42 Down From $1.45 YoY, Sales $583.50M; Reaffirms FY21 EPS $4-$4.60

First Solar (NASDAQ:FSLR) reported quarterly earnings of $0.42 per share. This is a 71.03 percent decrease over earnings of $1.45 per share from the same period last year. The company reported quarterly sales of $583.50 million which missed the analyst consensus estimate of $684.96 million by 14.81 percent. This is a 37.09 percent decrease over sales of $927.57 million the same period last year.