Canadian Solar Inc reports results for the quarter ended June 30 - Earnings Summary

Canadian Solar

21/08/2025 14:31

Canadian Solar Inc CSIQ.OQ reported a quarterly adjusted loss of 8 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of nine analysts for the quarter was for earnings of $1.61 per share. Wall Street expected results to range from $1.09  to $2.55 per share.

Revenue rose 3.6% to $1.69 billion from a year ago; analysts expected $1.95 billion.

Canadian Solar Inc's reported EPS for the quarter was a loss of 8 cents​.

Canadian Solar Inc shares had risen by 15.5% this quarter and gained 14.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts was unchanged in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 3 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the renewable energy equipment & services peer group is  "buy."

Wall Street's median 12-month price target for Canadian Solar Inc is $12.50, about 2% below its last closing price of $12.75

This summary was machine generated from LSEG data August 21 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.61
-0.08
Missed
Mar. 31 2025
-1.10
-1.07
Beat
Dec. 31 2024
0.11
-1.47
Missed
Sep. 30 2024
-0.17
-0.21
Missed