Post-earnings recap
Reported
Thu, Apr 30, 2026
EPS actual
$3.22
EPS est.
$2.87
EPS surprise
+12.08%
1-day move
+5.92%
First Solar's earnings report showed a strong performance with an EPS beat, which likely contributed to the stock's 5.92% increase. However, the lack of revenue data and guidance leaves some uncertainty about the company's future performance. Investors may be encouraged by the earnings surprise but will be looking for more details in future communications.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $3.22 | $2.83 | +12.08% |
| Revenue | N/A | $1.0B | N/A |
No transcript is on record for the earnings call, so the analysis is based solely on numerical results.
First Solar, Inc. is a leading provider of solar energy solutions, specializing in the design and manufacturing of solar panels. As a key player in the renewable energy sector, it plays a significant role in the transition to sustainable energy sources, which is increasingly important in today's climate-conscious market.
Last quarter
In the last quarter, First Solar reported an EPS of $4.84, which was below analyst expectations of $5.21, resulting in a slight stock increase the following day. The company continues to face challenges in meeting revenue expectations.
EPS beat streak
2Q
EPS beat rate
38%
Avg EPS surprise
+1.10%
Avg 1-day reaction
-0.59%
Analysts are cautiously optimistic about First Solar's upcoming earnings, with expectations of improved EPS and revenue figures. However, the company has a history of missing earnings estimates, which could weigh on investor sentiment.
Bull case
If First Solar exceeds EPS and revenue estimates, it could signal strong demand for solar products and a recovery in profitability, leading to a positive stock reaction.
Bear case
Conversely, if the company misses expectations again, it could reinforce concerns about its market position and profitability, potentially leading to a significant drop in stock price.
Key metrics to watch
EPS
$2.83Earnings per share is a critical measure of profitability, and investors will be looking for signs of growth or decline.
Revenue
$1.0BTotal revenue indicates the company's sales performance and market demand for its products.
The print will turn on these.
Q1
Will First Solar achieve an EPS of $2.83 or higher?
This is crucial as it will indicate the company's ability to recover from past misses and meet investor expectations.
Q2
What revenue figure will First Solar report, and how does it compare to the $1.0B consensus?
Revenue performance will provide insight into market demand and the company's competitive position in the solar industry.
Est. EPS
$1.89
Est. Rev
$1.5B
Impl. Move
±9.0%
Why consensus could be wrong
The consensus may underestimate First Solar's ability to rebound, as recent investments in technology and production capacity could lead to stronger-than-expected performance.
Supporting evidence
The options market is pricing an 8.51% move, indicating expectations of volatility that may not align with historical performance.
First Solar's recent insider selling could suggest a strategic shift rather than a lack of confidence in the company's future.
Key risk
If the company reports strong demand metrics or new contracts, it could challenge the current bearish sentiment.
Pre-commit to what would confirm each case.
This quarter's performance is critical for First Solar, as it needs to demonstrate recovery from previous earnings misses and validate its growth potential.
Bull confirmed if
An EPS of $2.83 or higher, coupled with revenue exceeding $1.0B, would confirm a positive outlook for the company.
Bear confirmed if
An EPS below $2.42 or revenue below $750M would confirm ongoing challenges and a negative outlook.
What the market is pricing for the move.
Implied Move
±8.51%
Historical Avg
±3.0%
The options market is pricing in a significant move, suggesting that investors are anticipating volatility around the earnings report.
Options are pricing ±8.0% while FSLR has averaged ±3.0% over the last 8 prints — setup is pricing rich.
ATM IV
1.4%
30d HV
38.6%
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$139,200.00
800 sh
1 insider
Net
$139,200.00
Net selling
Most Active Insiders· 1 open-market trade
$139,200.00
Net selling
Smart-money positioning from the most recent 13F filings.
Institutional
96.73%
of float
Insider
5.36%
of float
Holders
1,540
institutions
Top Holders· as of Jun 2026
Blackrock Inc.
14,029,065 sh · $2.5B
13.06%
1.5%
Likely market behavior by outcome. Not investment advice.
Beat & raise
If First Solar beats expectations, history suggests the stock could see a positive reaction, potentially around a 2.49% increase.
In line / cautious
If results are in line but cautious commentary is provided, the stock may experience muted movement as investors reassess their outlook.
Miss
If the company misses expectations, history suggests a potential decline of around 2.32%, reflecting ongoing investor concerns.
House and Senate STOCK Act disclosures over the trailing 6 months.
Trades
1
1 buy·0 sells
Members
1
Senate only
Est. Notional
$1,001.00–$15,000.00
disclosed dollar ranges
Most Active Members
1 trade
The lines on the call that would change the story.
Recent Transactions
Oct 1, 2026 · @ $174.00
800 sh
$139,200.00
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.
Vanguard Capital Management LLC
6,836,941 sh · $1.2B
6.36%
0.7%
Vanguard Portfolio Management LLC
5,638,446 sh · $1.0B
5.25%
-1.0%
State Street Corporation
5,576,026 sh · $1.0B
5.19%
5.5%
Capital World Investors
4,114,639 sh · $741.2M
3.83%
100.0%
13F filings updated quarterly. Position deltas show change in shares vs. the prior quarter.
Net buying
Recent Transactions
Traded Aug 13, 2026 · disclosed Sep 11, 2026
$1,001.00–$15,000.00
Filed 30–45+ days after the trade. Treat as positional context, not a leading indicator. Amounts are SEC-mandated dollar ranges, not exact values.