First Solar reports Q2 EPS $3.18, consensus $2.62

Reports Q2 revenue $1.10B, consensus $1.04B. “In our view, the recent policy and trade developments have, on balance, strengthened First Solar’s (FSLR) relative position in the solar manufacturing industry,” said Mark Widmar, Chief Executive Officer. “In addition, we believe that on a fundamental basis, with its cost-competitive energy and faster time to power profile, the case for utility-scale solar generation is compelling regardless of the policy environment, which places First Solar, a utility-scale leader, in a position of strength.”