Recap: Canadian Solar Q2 Earnings

Recap: Canadian Solar Q2 Earnings

 

Canadian Solar 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.

Posted In: BZI-RecapsEarnings