How does FSLR's 2024 EPS trend look?
3/29/2025 04:18pm
First Solar's (FSLR) 2024 EPS trend analysis reveals a company that has largely met or exceeded financial expectations, with a few notable deviations.
1. **Q4 2024 EPS Miss**: The most recent report for Q4 2024 shows an EPS of $3.65, which missed analyst expectations by approximately $1.18. This was a significant deviation from the expected EPS of $4.83.
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|FSLR|FSLR.O|First Solar|2024 Q1|450|2.2|185|
|FSLR|FSLR.O|First Solar|2024 Q2|104.40251572327044|3.25|185|
|FSLR|FSLR.O|First Solar|2024 Q3|16.400000000000006|2.91|185|
2. **Revenue Outperformance**: Despite the EPS miss, First Solar exceeded revenue forecasts, reporting $1.5 billion in revenue, which was $10 million above expectations.
3. **Stock Performance**: Following the earnings release, the stock experienced a decline, closing down 3.56% in regular trading but rebounding 1.89% in aftermarket trading. This suggests investor confidence may be recovering, despite the EPS miss.
4. **Analyst Expectations**: Looking at the full year 2024, First Solar's EPS of $12.07 missed analyst estimates by approximately 8.6%. This indicates a trend of slightly underperforming expectations but with strong overall performance.
5. **Growth Outlook**: Despite the EPS misses, First Solar provides positive guidance for 2025, with EPS expected to be between $17 and $20. This suggests a confident outlook from the company, potentially driven by continued growth in the renewable energy sector.
In conclusion, while First Solar's 2024 EPS trend has had its challenges, with notable misses in Q4, the company's strong revenue outperformance and positive growth outlook for 2025 suggest a resilient and promising financial trajectory.