First Solar Inc. (FSLR) reported first quarter adjusted EPS of $0.69 after the bell Monday, which fell short of the consensus estimate of $0.75. Revenues increased to $755.21 million from $497.06 million last year. Analysts expected revenues of $725.26 million.
The company maintained its full-year EPS target range of $4.00 to $6.00. The consensus estimate is for EPS of $4.27. The stock is now up 0.76 on 955K shares.
First Solar posted gains in early trade Monday and took out the highs of the day around the middle of the afternoon. Shares finished up by 1.69 at $47.69. The stock has been gaining ground for the last month and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.