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First Solar (FSLR): Q3 2019 Earnings Snapshot

— First Solar Inc. (NASDAQ: FSLR) reported Q3 2019 earnings of $0.29 per share, vs. $1.13 expected.

— Sales fell 19% to $547 million, vs. $1.04 billion expected.

— FY19 net sales are expected to be $3.5 billion to $3.7 billion.

— FY19 EPS is expected to be $2.25-2.75.  

— FSLR shares fell 2.2% immediately following the announcement.

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