Jul. 8 at 4:53 AM
$FLR
Market participants will be closely following the financial results of First Solar in its upcoming release.
On that day, First Solar is projected to report earnings of
$2.63 per share, which would represent a year-over-year decline of 19.08%.
Meanwhile, the latest consensus estimate predicts the revenue to be
$1.01 billion, indicating a 0.34% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of
$14.51 per share and a revenue of
$4.89 billion, demonstrating changes of +20.72% and +16.33%, respectively, from the preceding year.
Valuation is also important, so investors should note that First Solar has a Forward P/E ratio of 12.75 right now.
This indicates a discount in contrast to its industry's Forward P/E of 17.16.
https://www.zacks.com/stock/news/2566416/first-solar-fslr-suffers-a-larger-drop-than-the-general-market-key-insights?cid=CS-NEWSNOW-HL-tale_of_the_tape%7Cyseop_template_6v1-2566416
