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Tempe, Arizona-based First Solar, Inc. (FSLR) is a solar technology company. Valued at a market cap of $19 billion, the company manufactures and sells photovoltaic (PV) solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company is scheduled to announce its fiscal Q2 earnings for 2025 on Tuesday, Jul. 29.
Prior to this event, analysts project this solar technology company to report a profit of $2.63 per share, down 19.1% from $3.25 per share in the year-ago quarter. The company has missed Wall Street’s bottom-line estimates in three of the last four quarters, while surpassing on another occasion. Its earnings of $1.95 per share in the previous quarter fell short of the consensus estimates by 22%.