Canadian Solar (NASDAQ:CSIQ) reported its Q2 earnings results on Thursday, August 18, 2022 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Canadian Solar beat estimated earnings by 101.89%, reporting an EPS of $1.07 versus an estimate of $0.53.
Revenue was up $884.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.27 which was followed by a 4.67% drop in the share price the next day.
Here’s a look at Canadian Solar’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | 0.33 | 0.18 | -0.30 |
| EPS Actual | 0.14 | 0.17 | 0.42 | 0.18 |
| Revenue Estimate | 1.31B | 1.59B | 1.33B | 1.43B |
| Revenue Actual | 1.25B | 1.53B | 1.23B | 1.43B |
To track all earnings releases for Canadian Solar visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
