First Solar Q1 earnings exceed expectations, revenue hits record $1.04B amid tariff impacts.
Article excerpt
Highlighted: the sentence this signal was extracted from
First Solar Q1 earnings exceed expectations, revenue hits record $1.04B amid tariff impacts. Friday, May 1, 2026 1:44 pm ET 1min read First Solar (FSLR) stock rose 6.3% to its highest level since February after reporting Q1 earnings that beat analyst estimates, despite tariff impacts. Net income rose to $347M, or $3.22/share, from $210M, or $1.95/share, and the company reached a record $1.04B in revenues for any Q1. Ask Aime: How can I capitalize on First Solar's (FSLR) Q1 earnings beat amidst tariff challenges? First Solar (FSLR) reported first-quarter earnings of $3.22 per share, surpassing the Zacks Consensus Estimate of $2.87 per share and marking a significant increase from $1.95 per share in the same period last year. The company generated record Q1 revenue of $1.04 billion, slightly below the Zacks Consensus Estimate but reflecting strong demand for its U.S.-made thin-film solar panels. Despite these positive results, First Solar's revenue fell short of expectations by 0.13%, and the company has missed revenue forecasts once in the past four quarters. The earnings beat was accompanied by a 6.3% rise in FSLR stock, reaching its highest level since February 2026. However, the company has weakened its guidance due to planned underuse of Southeast Asian factories amid uncertainty over potential tariffs, which could cost between $125 million and $135 million in 2026...
Keep reading with a free account
The rest of this article, and every signal for First Solar, is in your free account.
