FSLR
$40.49
First Solar
$.44
1.10%

Earnings History

Earnings
Revenue
Reaction
Drift
EPS & Revenue Above Estimates
FY 2012
8/1/2012
4:09:00 PM
$4.20 to $4.50
$3.60 bil to $3.90 bil
$3.93
$3.47 bil
21.1%
27.6%
Guidance:
Consensus:
First Solar Raises Guidance

First Solar Inc said it expects 2012 earnings of $4.20 to $4.50 per share on revenue of $3.60 billion to $3.90 billion. The company's previous guidance was earnings of $4.00 to $4.50 per share on revenue of $3.50 billion to $3.80 billion and the current consensus earnings estimate is $3.93 per share on revenue of $3.47 billion for the year ending December 31, 2012.
In-line Guidance
FY 2012
11/1/2012
4:02:01 PM
$4.40 to $4.70
$3.50 bil to $3.80 bil
$4.47
$3.72 bil
-8.9%
7.4%
Guidance:
Consensus:
First Solar Updates Guidance

First Solar Inc said it expects 2012 earnings of $4.40 to $4.70 per share on revenue of $3.50 billion to $3.80 billion. The company's previous guidance was earnings of $4.20 to $4.50 per share on revenue of $3.60 billion to $3.90 billion and the current consensus earnings estimate is $4.47 per share on revenue of $3.72 billion for the year ending December 31, 2012.
EPS & Revenue Below Estimates
Q 03/2013
2/26/2013
4:02:01 PM
$0.70 to $0.90
$0.94
$829.0 mill
-13.8%
-3.5%
Guidance:
Consensus:
First Solar Sees First Quarter Below Estimates

First Solar Inc said it expects first quarter non-GAAP earnings of $0.70 to $0.90 per share on revenue of $650.0 million to $750.0 million. The current consensus earnings estimate is $0.94 per share on revenue of $829.0 million for the quarter ending March 31, 2013.
EPS & Revenue Above Estimates
FY 2013
4/9/2013
1:33:00 PM
$4.00 to $4.00
$3.50 bil to $4.00 bil
$3.60
$3.15 bil
45.5%
38.4%
Guidance:
Consensus:
First Solar Guides Above Estimates

First Solar Inc said it expects 2013 earnings of $4.00 to $4.00 per share, excluding items, on revenue of $3.50 billion to $4.00 billion. The current consensus earnings estimate is $3.60 per share on revenue of $3.15 billion for the year ending December 31, 2013. The company also said it expects 2014 earnings of $4.00 to $6.00 per share on revenue of $4.20 billion to $4.80 billion. The current consensus earnings estimate is $3.68 per share on revenue of $3.41 billion for the year ending December 31, 2014.
Reaffirms Above Estimates
FY 2014
5/6/2013
4:05:03 PM
$4.00 to $6.00
-8.9%
8.6%
Guidance:
Consensus:
First Solar Reaffirms Above 2014 Estimates

First Solar said it continues to expect 2013 earnings of $4.00 to $4.50 per share on revenue of $3.50 billion to $4.00 billion and 2014 earnings of $4.00 to $6.00 per share on revenue of $4.20 billion to $4.80 billion. The current consensus estimate is for earnings of $4.26 per share on revenue of $3.84 billion for the year ending December 31, 2013 and earnings of $3.34 per share on revenue of $3.70 billion for the year ending December 31, 2014.
Lowers Guidance In-line with Estimates
FY 2013
8/6/2013
4:04:01 PM
$3.75 to $4.25
$3.60 bil to $3.80 bil
$4.14
$3.83 bil
-13.4%
-7.9%
Guidance:
Consensus:
First Solar Lowers Guidance, but Earnings Remain In-line with Estimates

First Solar Inc said it expects 2013 earnings of $3.75 to $4.25 per share on revenue of $3.60 billion to $3.80 billion. The company's previous guidance was earnings of $4.00 to $4.50 per share on revenue of $3.50 billion to $4.00 billion and the current consensus earnings estimate is $4.14 per share on revenue of $3.83 billion for the year ending December 31, 2013.
EPS Above Estimates
FY 2013
10/31/2013
4:05:05 PM
$4.25 to $4.50
$3.40 bil to $3.60 bil
$3.74
$3.63 bil
17.6%
9.0%
Guidance:
Consensus:
First Solar Raises Earnings Guidance

First Solar Inc said it expects 2013 earnings of $4.25 to $4.50 per share on revenue of $3.40 billion to $3.60 billion. The company's previous guidance was earnings of $3.75 to $4.25 per share on revenue of $3.60 billion to $3.80 billion and the current consensus earnings estimate is $3.74 per share on revenue of $3.63 billion for the year ending December 31, 2013.
EPS Below Estimates
Q 03/2014
2/25/2014
4:05:52 PM
$0.50 to $0.60
$0.84
$898.3 mill
-9.1%
16.0%
Guidance:
Consensus:
First Solar Guides Earnings Below Estimates

First Solar Inc said it expects first quarter non-GAAP earnings of $0.50 to $0.60 per share on revenue of $800.0 million to $900.0 million. The current consensus earnings estimate is $0.84 per share on revenue of $898.3 million for the quarter ending March 31, 2014.
Provides Guidance
FY 2014
3/19/2014
10:48:23 AM
$2.20 to $2.60
$3.70 bil to $4.00 bil
$3.33
$3.73 bil
20.6%
19.9%
Guidance:
Consensus:
First Solar Provides Guidance Through 2016

First Solar Inc said it expects 2014 earnings of $2.20 to $2.60 per share on revenue of $3.70 billion to $4.00 billion. The current consensus earnings estimate is $3.33 per share on revenue of $3.73 billion for the year ending December 31, 2014. The company also said it expects 2015 earnings of $4.50 to $4.60 per share on revenue of $3.80 billion to $4.30 billion and 2016 earnings of $3.50 to $5.00 per share on revenue of $3.80 billion to $4.50 billion. The current consensus earnings estimate is $3.95 per share on revenue of $4.16 billion for the year ending December 31, 2015 and earnings of $2.73 per share on revenue of $4.06 billion for the year ending December 31, 2016.
Raises Guidance In-line with Estimates
FY 2014
5/6/2014
4:03:08 PM
$2.40 to $2.80
$2.45
-5.8%
-8.7%
Guidance:
Consensus:
First Solar Raises Guidance, but Remains In-line with Estimates

First Solar Inc said it now expects 2014 earnings of $2.40 to $2.80 per share. The company's previous guidance was earnings of $2.20 to $2.60 per share and the current consensus earnings estimate is $2.45 per share for the year ending December 31, 2014.
Reaffirms
FY 2014
8/5/2014
4:06:27 PM
$2.40 to $2.80
$2.69
3.0%
12.7%
Guidance:
Consensus:
First Solar Reaffirms

First Solar Inc said it continues to expect 2014 earnings of $2.40 to $2.80 per share. The current consensus earnings estimate is $2.69 per share for the year ending December 31, 2014.
In-line Guidance
FY 2014
11/6/2014
4:07:09 PM
$2.40 to $2.80
$2.69
-10.8%
-8.0%
Guidance:
Consensus:
First Solar Guides In-line

First Solar Inc said it continues to expect 2014 earnings of $2.40 to $2.80 per share. The current consensus earnings estimate is $2.69 per share for the year ending December 31, 2014
EPS & Revenue Below Estimates
Q 03/2015
2/24/2015
4:05:11 PM
($0.35) to ($0.25)
$0.63
$933.0 mill
7.0%
9.0%
Guidance:
Consensus:
First Solar Warns

First Solar Inc said it expects a first quarter loss of $0.35 to $0.25 per share on revenue of $550.0 million to $650.0 million. The current consensus earnings estimate is $0.63 per share on revenue of $933.0 million for the quarter ending March 31, 2015.
EPS Below Estimates
Q 06/2015
4/30/2015
4:52:00 PM
$0.05 to $0.15
$0.25
$779.7 mill
-3.9%
-2.0%
Guidance:
Consensus:
First Solar Guides Earnings Below Estimates

First Solar Inc said it expects second quarter earnings of $0.05 to $0.15 per share, excluding a one-time benefit of $0.40 per share, on revenue of $750.0 million to $850.0 million. The current consensus earnings estimate is $0.25 per share on revenue of $779.7 million for the quarter ending June 30, 2015.
EPS & Revenue Above Estimates
FY 2015
8/4/2015
4:04:00 PM
$3.30 to $3.60
$3.50 bil to $3.60 bil
$2.36
$3.44 bil
16.7%
3.5%
Guidance:
Consensus:
First Solar Guides Above Estimates

First Solar Inc said it expects 2015 non-GAAP earnings of $3.30 to $3.60 per share on revenue of $3.50 billion to $3.60 billion. The current consensus earnings estimate is $2.36 per share on revenue of $3.44 billion for the year ending December 31, 2015.
EPS Above Estimates
FY 2015
10/29/2015
4:05:10 PM
$4.30 to $4.50
$3.50 bil to $3.60 bil
$3.43
$3.57 bil
11.9%
4.9%
Guidance:
Consensus:
First Solar Raises Earnings Guidance

First Solar Inc said it now expects 2015 non-GAAP earnings of $4.30 to $4.50 per share and continues to expect revenue of $3.50 billion to $3.60 billion. The company's previous guidance was earnings of $3.30 to $3.60 per share and the current consensus earnings estimate is $3.43 per share on revenue of $3.57 billion for the year ending December 31, 2015.
Reaffirms
FY 2015
11/9/2015
5:40:00 PM
$4.30 to $4.50
$3.50 bil to $3.60 bil
$4.37
$3.57 bil
-4.3%
-9.9%
Guidance:
Consensus:
First Solar Reaffirms

First Solar Inc said it continues to expect 2015 earnings of $4.30 to $4.50 per share on revenue of $3.50 billion to $3.60 billion. The current consensus earnings estimate is $4.37 per share on revenue of $3.57 billion for the year ending December 31, 2015.
In-line Guidance
FY 2016
12/9/2015
4:05:00 PM
$4.00 to $4.50
-7.6%
18.7%
Guidance:
Consensus:
First Solar Guides 2016 In-line with Estimates

First Solar Inc said it expects 2016 earnings of $4.00 to $4.50 per share on revenue of $3.90 billion to $4.10 billion. The current consensus earnings estimate is $4.05 per share on revenue of $4.07 billion for the year ending December 31, 2016.
Lowers Guidance In-line with Estimates
FY 2016
2/23/2016
4:05:01 PM
$4.00 to $4.50
12.4%
8.1%
Guidance:
Consensus:
First Solar Lowers Revenue Guidance to be In-line with Estimates

First Solar Inc said it continues to expect 2016 earnings of $4.00 to $4.50 per share but now expects revenue of $3.80 billion to $4.00 billion. The company's previous guidance was revenue of $3.90 billion to $4.10 billion and the current consensus earnings estimate is $4.10 per share on revenue of $3.85 billion for the year ending December 31, 2016.
Narrows Guidance
FY 2016
4/27/2016
4:06:15 PM
$4.10 to $4.50
$3.80 bil to $4.00 bil
$4.27
$3.95 bil
-8.1%
-12.0%
Guidance:
Consensus:
First Solar Narrows Guidance

First Solar Inc said it now expects 2016 earnings of $4.10 to $4.50 per share and continues to expect revenue of $3.80 billion to $4.00 billion. The company's previous guidance was earnings of $4.00 to $4.50 per share and the current consensus earnings estimate is $4.27 per share on revenue of $3.95 billion for the year ending December 31, 2016.
Narrows Guidance
FY 2016
8/3/2016
4:16:46 PM
$4.20 to $4.50
$3.80 bil to $4.00 bil
$4.27
$3.90 bil
-11.2%
-21.2%
Guidance:
Consensus:
First Solar Narrows Guidance

First Solar Inc said it now expects 2016 earnings of $4.20 to $4.50 per share and continues to expect revenue of $3.80 billion to $4.00 billion. The company's previous guidance was earnings of $4.10 to $4.50 per share and the current consensus earnings estimate is $4.27 per share on revenue of $3.90 billion for the year ending December 31, 2016.
Revenue Below Estimates
FY 2016
11/2/2016
4:04:00 PM
$4.30 to $4.50
$2.80 bil to $2.90 bil
$4.31
$3.84 bil
-15.0%
-17.0%
Guidance:
Consensus:
First Solar Revises Guidance

First Solar Inc said it expects 2016 earnings of $4.30 to $4.50 per share on revenue of $2.80 billion to $2.90 billion. The company's previous guidance was earnings of $4.20 to $4.50 per share on revenue of $3.80 billion to $4.00 billion and the current consensus earnings estimate is $4.31 per share on revenue of $3.84 billion for the year ending December 31, 2016.
2017 Below
FY 2017
11/16/2016
4:05:00 PM
$0.00 to $0.50
-5.1%
5.3%
Guidance:
Consensus:
First Solar Sees 2017 Below Estimates

First Solar Inc said it now expects 2016 earnings of $4.60 to $4.80 per share and continues to expect revenue of $2.80 billion to $2.90 billion. The company's previous guidance was earnings of $4.30 to $4.50 per share and the current consensus earnings estimate is $4.42 per share on revenue of $2.86 billion for the year ending December 31, 2016. The company also said it expects 2017 results to range from breakeven to earnings of $0.50 per share on revenue of $2.50 billion to $2.60 billion. The current consensus earnings estimate is $1.95 per share on revenue of $2.88 billion for the year ending December 31, 2017.
EPS In-line/Revenue Above
FY 2017
2/21/2017
4:07:00 PM
$0.00 to $0.50
-8.3%
-1.4%
Guidance:
Consensus:
First Solar Raises Revenue Guidance

First Solar Inc said it continues to expect 2017 non-GAAP results to range from breakeven to earnings of $0.50 per share but now expects revenue of $2.80 billion to $2.90 billion. The company's previous guidance was revenue of $2.50 billion to $2.60 billion and the current consensus earnings estimate is $0.42 per share on revenue of $2.54 billion for the year ending December 31, 2017.
Raises Guidance In-line with Estimates
FY 2017
5/2/2017
4:03:00 PM
$0.25 to $0.75
$2.85 bil to $2.95 bil
$0.33
$2.83 bil
11.8%
12.5%
Guidance:
Consensus:
First Solar Raises Guidance, but Earnings Remain In-line with Estimates

First Solar Inc said it expects 2017 earnings of $0.25 to $0.75 per share on revenue of $2.85 billion to $2.95 billion. The company's previous guidance was for results to range from breakeven to earnings of $0.50 per share on revenue of $2.80 billion to $2.90 billion and the current consensus earnings estimate is $0.33 per share on revenue of $2.83 billion for the year ending December 31, 2017.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
8/1/2012
4:09:00 PM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A+
EPS
Rev
$1.52
$957.33 Mil
$0.75
$0.89
$817.59 Mil
102.7%
17.1%
117.1%
79.7%
14.9%
27.6%
11/1/2012
4:02:01 PM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A
EPS
Rev
$1.27
$839.15 Mil
-
$1.10
$957.97 Mil
15.5%
-12.4%
-43.2%
-16.6%
-7.7%
7.4%
2/26/2013
4:02:01 PM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A
EPS
Rev
$2.04
$1.1 Bil
$1.85
$1.75
$1.3 Bil
10.3%
-19.2%
64.0%
62.9%
-14.4%
-3.5%
5/6/2013
4:05:03 PM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.69
$755.21 Mil
$0.92
$0.75
$700.93 Mil
-25.0%
7.7%
-
51.9%
-2.2%
8.6%
8/6/2013
4:04:01 PM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.39
$519.76 Mil
$0.68
$0.50
$734.26 Mil
-42.6%
-29.2%
-73.4%
-45.7%
-9.8%
-7.9%
10/31/2013
4:05:05 PM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A
EPS
Rev
$2.28
$1.3 Bil
$0.84
$0.92
$995.65 Mil
171.4%
27.1%
105.5%
50.8%
10.3%
9.0%
2/25/2014
4:05:52 PM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.89
$768.44 Mil
$1.17
$1.00
$962.46 Mil
-23.9%
-20.2%
-50.0%
-28.5%
-13.6%
16.0%
5/6/2014
4:03:08 PM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B+
EPS
Rev
$1.10
$950.16 Mil
-
$0.50
$839.01 Mil
120.0%
13.2%
82.1%
25.8%
0.5%
-8.7%
8/5/2014
4:06:27 PM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.04
$544.35 Mil
-
$0.33
$795.88 Mil
-87.9%
-31.6%
-87.2%
4.7%
-3.1%
12.7%
11/6/2014
4:07:09 PM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$0.61
$889.31 Mil
-
$0.64
$1.1 Bil
-4.7%
-15.3%
-72.8%
-29.7%
-6.5%
-8.0%
2/24/2015
4:05:11 PM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$1.89
$1.0 Bil
-
$0.77
$1.3 Bil
145.5%
-21.3%
112.7%
31.2%
2.6%
9.0%
4/30/2015
4:52:00 PM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
($0.62)
$469.21 Mil
-
($0.29)
$599.47 Mil
-113.8%
-21.7%
-
-50.6%
-3.6%
-2.0%
8/4/2015
4:04:00 PM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.81
$896.22 Mil
$0.32
$0.36
$751.72 Mil
153.1%
19.2%
1,059.2%
64.6%
12.6%
3.5%
10/29/2015
4:05:10 PM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$3.41
$1.3 Bil
$1.63
$1.55
$1.1 Bil
109.2%
14.5%
455.0%
42.9%
11.6%
4.9%
2/23/2016
4:05:01 PM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$1.60
$942.32 Mil
$0.77
$0.80
$929.80 Mil
107.8%
1.3%
-14.5%
-6.5%
3.5%
8.1%
4/27/2016
4:06:15 PM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$1.66
$848.48 Mil
-
$0.91
$952.19 Mil
82.4%
-10.9%
-
80.8%
-4.8%
-12.0%
8/3/2016
4:16:46 PM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.87
$934.38 Mil
-
$0.58
$904.42 Mil
50.0%
3.3%
71.9%
4.3%
0.5%
-21.2%
11/2/2016
4:04:00 PM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.30
$688.03 Mil
$0.83
$0.77
$966.66 Mil
56.6%
-28.8%
-63.4%
-45.9%
-5.1%
-17.0%
2/21/2017
4:07:00 PM
Dec '16
Q4 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.24
$480.43 Mil
$1.24
$0.97
$391.81 Mil
-
22.6%
-21.3%
-49.0%
-3.0%
-1.4%
5/2/2017
4:03:00 PM
Mar '17
Q1 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.25
$891.79 Mil
($0.15)
($0.13)
$699.15 Mil
266.7%
27.6%
-84.5%
5.1%
7.2%
12.5%
EPS
Rev
-
-
-
($0.04)
$528.14 Mil
-
-
-
-43.5%
EPS
Rev
-
-
-
$0.21
$787.62 Mil
-
-
-83.8%
14.5%
2/28/2012
$36.40
$6.01
$2.77 Bil
-
-
-
2/26/2013
$31.36
$4.90
$3.37 Bil
-18.5%
21.8%
-13.8%
2/25/2014
$58.03
$4.35
$3.31 Bil
-11.2%
-1.8%
85.0%
2/24/2015
$54.70
$3.65
$3.39 Bil
-16.1%
2.5%
-5.7%
2/23/2016
$61.79
$4.96
$3.58 Bil
35.9%
5.5%
13.0%
2/21/2017
$36.62
$5.17
$2.95 Bil
4.2%
-17.5%
-40.7%
2/21/2018
$40.49
$0.52
$2.92 Bil
-89.9%
-1.1%
10.6%
2/21/2019
$18.60
$0.95
$2.24 Bil
82.7%
-23.3%
-54.1%
2/21/2020
-
$1.21
-
27.4%
-
-

Price Projection

Current Value
$15
-64%
Projected Price
$19
-54%