**First Solar (FSLR)** has seen a substantial increase in its stock price, gaining **36.7%** over the past month, significantly outperforming the **Zacks S&P 500 composite**, which rose by **3.4%**. The **Zacks Solar industry** also reported a **19.1%** increase during this period. First Solar is projected to post **earnings of $2.91 per share** for the current quarter, reflecting a **year-over-year change of +57.3%**. The **current fiscal year** consensus estimate stands at **$13.55**, indicating a **75.1%** increase compared to the previous year.
For the upcoming fiscal year, the expected earnings estimate is **$21.12**, up **55.8%** from last year’s results. The company’s revenue forecast for the current quarter is set at **$1.01 billion**, representing a **24.9%** increase year-over-year. First Solar reported **revenues of $794.11 million** in its last quarter, reflecting a **44.8%** increase from the same period last year, with an EPS of **$2.20**. The Zacks Rank for First Solar is currently **#3 (Hold)**, suggesting it may perform in line with the broader market in the near term.
