bombermoon/iStock via Getty Images First Solar (NASDAQ:FSLR) is scheduled to announce Q3 earnings results on Thursday, October 27th, after market close. The consensus EPS Estimate is -$0.24 (-157.1% Y/Y) and the consensus Revenue Estimate is $747.97M (+28.1% Y/Y). Over the last 1 year, FSLR has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 4 upward revisions and 3 downward. Revenue estimates have seen 11 upward revisions and 3 downward. The company’s stock rose +10.29% on July 29, the day after it reported its Q2 results (post-market July 28) which beat analysts estimates. Q2 operating income swung to a $145M profit, and First Solar also raised its full-year sales outlook. However, the stock had already been on a rally on account of potential boost from the Inflation Reduction Act which…
Can First Solar maintain Q3 beat run amid boost from clean energy spending?
