FSLR Beats Q2 EPS Estimates

FSLR Q2 EPS $3.92 vs. est. $2.86; Q2 sales $1.056B misses $1.062B estimate and down from $1.1B Y/y; Net sales dropped primarily due to lower revenue following customer contract terminations; the company expects module sales to be between 3.9 GW and 4.5 GW in Q3; cost of sales fell to $451.2M from $597.3M; shares +3.1%