Canadian Solar (NASDAQ:CSIQ) reported its Q3 earnings results on Tuesday, November 14, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Canadian Solar missed estimated earnings by 60.98%, reporting an EPS of $0.32 versus an estimate of $0.82.
Revenue was down $85.72 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.87 which was followed by a 0.37% increase in the share price the next day.
Here’s a look at Canadian Solar’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.52 | 0.61 | 0.76 | 0.49 |
| EPS Actual | 2.39 | 1.19 | 1.11 | 1.12 |
| Revenue Estimate | 2.48B | 1.71B | 1.93B | 2.07B |
| Revenue Actual | 2.36B | 1.70B | 1.97B | 1.93B |
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.
