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First Solar Q2 Earnings, Net Sales Increase; 2024 Outlook Reiterated
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First Solar Q2 Earnings, Net Sales Increase; 2024 Outlook Reiterated
Jul 30, 2024 1:19 PM

04:08 PM EDT, 07/30/2024 (MT Newswires) -- First Solar ( FSLR ) reported Q2 earnings late Tuesday of $3.25 per diluted share, up from $1.59 a year earlier.

Analysts polled by Capital IQ expected $2.71.

Net sales for the quarter that ended June 30 was $1.01 billion, up from $810.7 million a year earlier.

Analysts surveyed by Capital IQ expected $933.9 million.

The company reiterated its full-year 2024 EPS guidance between $13 and $14 and revenue outlook of between $4.4 billion and $4.6 billion. Analysts surveyed by Capital IQ expect $13.59 and $4.52 billion, respectively.

Price: 215.60, Change: +4.71, Percent Change: +2.23

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