FSLR · PEAD ↑ 93

First Solar reported Q3 2026 EPS of $5.30 on 2026-10-29, beating the $4.64 consensus by $0.66 (+14.2%).

Print-day reaction was a muted +0.3% versus the prior close, leaving the initial move largely contained on the event date. The overnight gap to T+1 open was a sharp -5.0%, suggesting after-hours sellers pared the position before the market could fully digest the beat. Over the subsequent two trading days the stock reversed decisively, drifting +6.6% from the T+1 close through T+3, erasing the overnight fade and then some. Cumulative abnormal return of +7.8% versus SPY.US — which shed -2.3% over the same window — firmly places this in PEAD long territory; the documented drift pattern holds through 2027-01-26.