Earnings Forecast Research on First Solar, Inc. (FSLR)

First Solar, Inc. has received $0.97 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 9 Financial Advisor in the Stock Trading Firms. Among 9 Analysts, Bottom line EPS Estimate for the current quarter is $0.93 while the top line estimate is $1.02 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -39.44%.

First Solar, Inc. reported better than expected with a surprise EPS of 76.81% or $0.53 during its most recent quarterly earnings. The Actual EPS was $1.22 compared to the Estimated EPS of $0.69.

First Solar, Inc. has a Price to Earnings ratio of 5.8 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.53. For the Most Recent Fiscal Year, First Solar, Inc. has a price to cash ratio of 4.11. For the Trailing twelve month period, company showed a Net Profit Margin of 14.72% and Return on Equity of the stock is 9.58%.

In the last quarter, First Solar, Inc. reported Annual Earnings of $1.22. Based on the filings, last years Annual Earnings was, $4.96. In the last Quarter, FSLR reported a surprise Earnings per Share of 76.81% . The consensus estimate for current quarter is $0.97 and for the current fiscal year, the estimate is $4.71. For the Next fiscal year, the estimate is $0.42 based on the consensus.

First Solar, Inc. (NASDAQ:FSLR) : On Tuesday heightened volatility was witnessed in First Solar, Inc. (NASDAQ:FSLR) which led to swings in the share price. The stock opened for trading at $30.83 and hit $31.2 on the upside , eventually ending the session at $31.19, with a gain of 0.55% or 0.17 points. The heightened volatility saw the trading volume jump to 1,657,234 shares. The 52-week high of the share price is $74.29 and the company has a market cap of $3,241 million. The 52-week low of the share price is at $28.6 .

FIRST SOLAR INC. manufactures solar modules with an advanced thin film semiconductor process that significantly lowers solar electricity costs. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.


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