Picture of Canadian Solar logo

CSIQ — Canadian Solar News Story

0.000.00%
us flag iconLast trade - 00:00
EnergyAdventurousMid CapValue Trap

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

Canadian Solar Inc. reports results for the quarter ended June 30 - Earnings Summary
  • Canadian Solar Inc. CSIQ.OQ reported a quarterly adjusted loss of $1.40​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -8 cents. The mean expectation of ten analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from $-1.21 to $1.07 per share.

  • Revenue fell 28.7% to $1.21 billion from a year ago; analysts expected $1.14 billion.

  • Canadian Solar Inc.'s reported EPS for the quarter was a loss of $1.40​.

  • The company reported a quarterly loss of $76.86 million.

  • Canadian Solar Inc. shares had fallen by 13.4% this quarter and lost 41.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 85.8% 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," 6 "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 $18.00, about 22.9% above its last closing price of $13.87

This summary was machine generated from LSEG data August 27 at 12:00 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 2026

-0.11

-1.40

Missed

Mar. 31 2026

-0.86

-0.71

Beat

Dec. 31 2025

-0.61

-1.27

Missed

Sep. 30 2025

-0.49

-0.07

Beat

Recent news on Canadian Solar

See all news