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Canadian Solar (CSIQ) Earnings Date, Estimates & Call Transcripts

$13.40
-1.16 (-7.97%)
(As of 09:34 AM ET)

Earnings Summary

Latest
Earnings Date
Aug. 22Confirmed
Actual EPS
(Aug. 22)
$0.02 Beat By $0.03
Consensus EPS
(Aug. 22)
-$0.01
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CSIQ Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CSIQ Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Canadian Solar Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$0.13$0.13$0.13 
Q2 20242$0.14$0.49$0.32 
Q3 20242$0.79$0.84$0.82 
Q4 20242$0.85$0.97$0.91 
FY 20247$1.91$2.43$2.17 
Q1 20252($0.02)$0.15$0.07 
Q2 20252$0.48$0.79$0.64 
Q3 20252$0.81$0.85$0.83 
Q4 20252$0.81$1.19$1.00 
FY 20258$2.08$2.98$2.53 
Q1 20261$0.37$0.37$0.37 
Q2 20261$0.36$0.36$0.36 

CSIQ Earnings Date and Information

Canadian Solar last released its quarterly earnings results on August 22nd, 2024. The solar energy provider reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. The business earned $1.64 billion during the quarter, compared to analyst estimates of $1.58 billion. Its revenue for the quarter was down 30.8% compared to the same quarter last year. Canadian Solar has generated $2.88 earnings per share over the last year ($2.88 diluted earnings per share) and currently has a price-to-earnings ratio of 4.6. Earnings for Canadian Solar are expected to grow by 33.82% in the coming year, from $2.07 to $2.77 per share. Canadian Solar has confirmed that its next quarterly earnings report will be published on Thursday, August 22nd, 2024.

Canadian Solar Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
8/22/2024-($0.01)$0.02+$0.03-$1.58 billion$1.64 billion      
5/9/2024Q1 2024($0.01)$0.19+$0.20$0.19$1.35 billion$1.34 billion        
3/14/2024Q4 2023($0.13)($0.02)+$0.11($0.02)$1.69 billion$1.70 billion        
11/14/2023Q3 2023$0.82$0.32($0.50)$0.32$2.03 billion$1.85 billion        
8/22/2023Q2 2023$1.52$2.39+$0.87$2.39$2.49 billion$2.36 billion        
5/18/2023Q1 2023$0.48$1.19+$0.71$1.19$1.71 billion$1.70 billion        
3/21/2023Q4 2022$0.48$1.11+$0.63$1.11$1.97 billion$1.97 billion        
11/22/2022Q3 2022$0.58$1.12+$0.54$1.12$2.07 billion$1.93 billion      
8/18/2022Q2 2022$0.70$1.07+$0.37$1.07$2.23 billion$2.31 billion        
5/24/2022Q1 2022($0.05)$0.14+$0.19$0.14$1.31 billion$1.25 billion        
3/17/2022Q4 2021$0.38$0.17($0.21)($0.05)$1.59 billion$1.53 billion        
11/18/2021Q3 2021$0.18$0.42+$0.24$0.32$1.34 billion$1.23 billion        
8/12/2021Q2 2021($0.31)$0.18+$0.49$0.18$1.43 billion$1.43 billion        
5/19/2021Q1 2021$0.28$0.36+$0.08$0.36$1.04 billion$1.09 billion      
3/17/2021Q4 2020($0.55)$0.11+$0.66$0.11$997.86 million$1.04 billion  
11/18/2020Q3 2020($0.05)$0.15+$0.20$0.15$860.54 million$914.36 million  
8/7/2020Q2 2020($0.04)$0.09+$0.13($0.16)$662.94 million$695.50 million  
5/28/2020Q1 2020$0.86$1.84+$0.98$0.96$792.65 million$825.60 million  
3/26/2020Q4 2019$0.45$1.04+$0.59$0.96$866.05 million$920.00 million  
11/12/2019Q3 2019$0.88$0.66($0.22)$0.36$799.55 million$759.90 million  

Canadian Solar Earnings - Frequently Asked Questions

When is Canadian Solar's earnings date?

Canadian Solar has confirmed that its next quarterly earnings data will be published on Thursday, August 22nd, 2024. Learn more on CSIQ's earnings history.

What guidance has Canadian Solar issued on next quarter's earnings?

Canadian Solar issued an update on its third quarter 2024 earnings guidance on Thursday, August, 22nd. The company issued revenue guidance of $1.6 billion-$1.8 billion, compared to the consensus revenue estimate of $2.2 billion.

Did Canadian Solar beat their earnings estimates last quarter?

In the previous quarter, Canadian Solar (NASDAQ:CSIQ) reported $0.02 earnings per share (EPS) to beat the analysts' consensus estimate of ($0.01) by $0.03. Learn more on analysts' earnings estimate vs. CSIQ's actual earnings.

How can I listen to Canadian Solar's earnings conference call?

The conference call for Canadian Solar's latest earnings report can be listened to online. Listen to Conference Call

How much revenue does Canadian Solar generate each year?

Canadian Solar (NASDAQ:CSIQ) has a recorded annual revenue of $7.24 billion.

How much profit does Canadian Solar generate each year?

Canadian Solar (NASDAQ:CSIQ) has a recorded net income of $274.19 million. CSIQ has generated $2.88 earnings per share over the last four quarters.

What is Canadian Solar's price-to-earnings ratio?

Canadian Solar (NASDAQ:CSIQ) has a trailing price-to-earnings ratio of 4.60 and a forward price-to-earnings ratio of 6.40. The price/earnings-to-growth ratio is 0.3.

What is Canadian Solar's EPS forecast for next year?

Canadian Solar's earnings are expected to grow from $2.07 per share to $2.77 per share in the next year, which is a 33.82% increase.


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This page (NASDAQ:CSIQ) was last updated on 8/22/2024 by MarketBeat.com Staff

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