Benzinga | Nov 5, 2021 09:31AM EDT

Recap: First Solar Q3 Earnings

First Solar (NASDAQ:FSLR) reported its Q3 earnings results on Thursday, November 4, 2021 at 04:10 PM.

Here's what investors need to know about the announcement.

Earnings

First Solar their estimated earnings by 28.81%, reporting an EPS of $0.42 versus an estimate of $0.59, which surprised analysts.

Revenue was up $344,061,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13, which was followed by a 2.75% increase in the share price the next day.

Here's a look at First Solar's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.64 0.94 1.23 0.61EPS Actual 0.77 0.81 1.08 1.45Revenue Estimate 617.22M 771.31M 720.48M 693.13MRevenue Actual 629.18M 803.37M 609.23M 927.57M

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