On Tuesday, Canadian Solar CSIQ will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Based on management's projections, Canadian Solar analysts model for earnings of 27 cents per share on sales of $684.29 million.
Revenue would be down 1.17 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | 0.97 | 0.26 | ||
| EPS Actual | 0.72 | 1.01 | 0.22 | -0.15 |
Stock Performance
Over the last 52-week period, shares are down 17.02 percent. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Canadian Solar stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
The Canadian Solar's Q2 conference call is scheduled to begin at 6:00 p.m. ET and can be accessed here: https://www.canadiansolar.com/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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