What caused FSLR's Q3 2024 EPS to drop?

First Solar's Q3 2024 EPS dropped by 5.3% from the prior-year quarter, according to the Zacks Consensus Estimate. The decrease in EPS can be attributed to several factors: 1. **Higher Production Start-Up Expenses**: Increased costs associated with the startup of its Alabama factory and the expansion of its Ohio manufacturing footprint contributed to the decline in profitability. 2. **Higher Warehousing and Logistic Costs**: Rising costs related to warehousing and logistics, particularly in India, also impacted the company's bottom line. In summary, the drop in FSLR's Q3 2024 EPS can be attributed to higher production start-up expenses and higher warehousing and logistic costs.