3 Winners and 2 Losers from This Week’s Earnings Storm
Canadian Solar Inc. (NASDAQ:CSIQ) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $-1.01 in the quarter versus EPS of $-1.39 in the year-earlier quarter. Revenue Decreased 37.81% to $294.8 million from the year-earlier quarter.
Canadian Solar Inc. reported adjusted EPS loss of $1.01 per share. By that measure, the company missed the mean analyst estimate of $-0.95. It missed the average revenue estimate of $318.53 million.