Canadian Solar: Q3 Earnings Insights

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.

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.

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.