First Solar is Set to Post Q2 Earnings: What's in Store?

First Solar, Inc. (FSLR) is scheduled to report second-quarter 2025 results on July 31, 2025, after market close.First Solar delivered a negative earnings surprise of 22.00% in the last reported quarter. The company has a four-quarter average negative earnings surprise of 6.94%.Let’s discuss the factors that are likely to reflect in the upcoming quarterly results.Factors to Note Ahead of FSLR’s ResultsSteadily improving global solar energy demand, backed by growing energy consumption, declining installation costs and increasing clean energy awareness, has been boosting sales volume for First Solar’s products. This trend, along with its production capacity enhancements, particularly in the United States, is expected to have boosted FSLR’s top-line performance. First Solar, Inc. Price and EPS Surprise First Solar, Inc. price-eps-surprise | First Solar, Inc. QuoteSolid revenue growth expectations and a high mix of modules sold from U.S. factories, which qualified for Section 45X tax credits, are likely to have bolstered the company’s quarterly earnings growth.However, lower capacity utilization and throughput at its Malaysia and Vietnam factories, expected to have begun in the second quarter due to an anticipated reduced demand for modules potentially affected by newly imposed U.S. tariffs, are likely to have put downward pressure on First Solar’s second-quarter revenues and earnings. Also, a shift in sales mix for FSLR’s modules is anticipated in the second quarter, with more modules now directed to the lower-priced Indian market instead of the United States, due to tariff-related constraints on Southeast Asia production. This is also likely to have hurt First Solar’s top and bottom-line performance in the soon-to-be-reported quarter. Moreover, high module production costs of domestic U.S. module volume and underutilization charges from running the Malaysia and Vietnam factories at lower-than-full production capacity are likely to have impacted FSLR’s overall bottom-line performance.FSLR’s Q2 EstimatesThe Zacks Consensus Estimate for FSLR’s second-quarter sales is pinned at $1.03 billion, which indicates year-over-year growth of 1.9%.The consensus estimate for earnings per share is pinned at $2.68, which indicates a year-over-year decline of 17.5%.What the Zacks Model Unveils for FSLROur proven model does not conclusively predict an earnings beat for First Solar this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is not the case here.Earnings ESP: First Solar’s Earnings ESP is -5.23%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.Zacks Rank: First Solar currently carries a Zacks Rank of 3. You can see the complete list of today’s Zacks #1 Rank stocks here.Stocks to ConsiderHere are three companies from the same sector that have the right combination of elements to post an earnings beat this reporting cycle.Array Technologies (ARRY) is set to report second-quarter 2025 earnings on Aug. 7, 2025. It has an Earnings ESP of +28.57% and a Zacks Rank of 2.The Zacks Consensus Estimate for ARRY’s earnings is pegged at 21 cents per share, indicating year-over-year growth of 5%. The consensus estimate for its sales is pegged at $290.3 million, indicating year-over-year growth of 13.5%.ONEOK (OKE) is set to report second-quarter 2025 earnings on Aug. 4, 2025. It has an Earnings ESP of +1.50% and a Zacks Rank of 3.The Zacks Consensus Estimate for OKE’s earnings is pegged at $1.39 per share, indicating year-over-year growth of 4.5%. The consensus estimate for its sales is pegged at $8.56 billion, indicating year-over-year growth of 75%.Nextracker Inc. (NXT) is slated to report fiscal first-quarter 2026 earnings on July 29, 2025. It has an Earnings ESP of +4.56% and a Zacks Rank of 2.The Zacks Consensus Estimate for NXT’s fiscal first-quarter earnings is pegged at $1.04 per share, indicating year-over-year growth of 11.8%. The consensus estimate for its sales is pegged at $853.4 million, indicating year-over-year growth of 18.5%.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Solar, Inc. (FSLR): Free Stock Analysis Report ONEOK, Inc. (OKE): Free Stock Analysis Report Array Technologies, Inc. (ARRY): Free Stock Analysis Report Nextracker Inc. (NXT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks