Canadian Solar (CSIQ) Scheduled to Post Earnings on Thursday
Canadian Solar (NASDAQ:CSIQ) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 15th. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.
Canadian Solar (NASDAQ:CSIQ) last announced its earnings results on Tuesday, August 14th. The solar energy provider reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.01). Canadian Solar had a return on equity of 12.44% and a net margin of 3.26%. The business had revenue of $650.10 million for the quarter, compared to analyst estimates of $711.53 million. During the same quarter in the previous year, the company posted $0.63 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, analysts expect Canadian Solar to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of CSIQ opened at $13.40 on Wednesday. Canadian Solar has a 12 month low of $11.37 and a 12 month high of $18.52. The firm has a market cap of $827.71 million, a P/E ratio of 13.23, a price-to-earnings-growth ratio of 0.32 and a beta of 1.83. The company has a quick ratio of 0.84, a current ratio of 0.93 and a debt-to-equity ratio of 0.20.
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Canadian Solar Company Profile
Canadian Solar Inc, together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company operates through two segments, Module and System Solutions, and Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems.
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