Canadian Solar Inc. (NASDAQ:CSIQ) manufacturer of solar power products, is expected to report second quarter earnings results, before market open, on Friday 7th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.04 per share.
Looking ahead, the full year income are expected at $ 2.98 per share on the revenues of $ 3591.85 million.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 630.00 million ~ $ 680.00 million
Full Year 2020 topline are forecasted in a range of$ 3,400.00 million ~ $ 3,900.00 million
Click Here For More Historical Outlooks Of Canadian Solar Inc.
Previous Quarter Performance
Canadian Solar Inc. recorded income for the first quarter of $ 1.84 per share, from the revenue of $ 825.64 million. The quarterly revenues grew 70.33 percent compared with the same quarter last year. Street analysts expected Canadian Solar Inc. to report income of $ 0.86 per share on revenue of $ 792.65 million for the first quarter. The bottom line results beat street analysts by $ 0.98 or 113.95 percent, at the same time, top line results outshined analysts by $ 32.99 million or 4.16 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 1.41 billion and is part of the Technology sector and Solar industry.
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Conference Call
Canadian Solar Inc. will be hosting a conference call at 8:00 AM eastern time on 7th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.canadiansolar.com
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.
