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

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$11.67 +0.01 (+0.09%)
(As of 12/17/2024 ET)

Canadian Solar Latest Earnings Summary

Latest Q3 2024
Earnings Date
Dec. 5Confirmed
Actual EPS
(Dec. 5)
-$0.31 Beat By $0.13
Consensus EPS
(Dec. 5)
-$0.44

Canadian Solar released Q3 2024 earnings on December 5, 2024, reporting an EPS of -$0.31, which topped analysts' consensus estimates of -$0.44 by $0.13. Quarterly revenue fell 18.4% year-over-year to $1.51 billion, below analyst estimates of $1.71 billion. With a trailing EPS of -$0.12, Canadian Solar's earnings are expected to grow 1,450.00% next year, from $0.06 to $0.93 per share.

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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-$0.50-$0.13-$0.32 
Q4 20242$0.32$0.55$0.44 
FY 20247$0.09$1.04$0.57 
Q1 20252-$0.38$0.05-$0.17 
Q2 20252-$0.01$0.47$0.23 
Q3 20252$0.45$0.54$0.50 
Q4 20252$0.76$0.86$0.81 
FY 20258$0.82$1.92$1.37 
Q1 20262$0.12$0.26$0.19 
Q2 20262$0.10$0.83$0.47 
Q3 20261$1.08$1.08$1.08 

Canadian Solar Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
12/5/2024Q3 2024-$0.44-$0.31+$0.13-$0.31$1.71B$1.51B
8/22/2024Q2 2024-$0.01$0.02+$0.03$0.02$1.58B$1.64B
5/9/2024Q1 2024-$0.01$0.19+$0.20$0.19$1.35B$1.34B
3/14/2024Q4 2023-$0.13-$0.02+$0.11-$0.02$1.69B$1.70B
11/14/2023Q3 2023$0.82$0.32 -$0.50$0.32$2.03B$1.85B
8/22/2023Q2 2023$1.52$2.39+$0.87$2.39$2.49B$2.36B
5/18/2023Q1 2023$0.48$1.19+$0.71$1.19$1.71B$1.70B
3/21/2023Q4 2022$0.48$1.11+$0.63$1.11$1.97B$1.97B

Canadian Solar Earnings - Frequently Asked Questions

Canadian Solar (NASDAQ:CSIQ) last announced its quarterly earning data on Thursday, December 5, 2024. Learn more on CSIQ's earnings history.

Canadian Solar updated its fourth quarter 2024 earnings guidance on Thursday, December, 5th. The company issued revenue guidance of $1.5 billion-$1.7 billion, compared to the consensus revenue estimate of $2.1 billion.

In the previous quarter, Canadian Solar (NASDAQ:CSIQ) reported ($0.31) earnings per share (EPS) to beat the analysts' consensus estimate of ($0.44) by $0.13. Learn more on analysts' earnings estimate vs. CSIQ's actual earnings.

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

The conference call transcript for Canadian Solar's latest earnings report can be read online.
Read Transcript

Canadian Solar (NASDAQ:CSIQ) has a recorded annual revenue of $6.17 billion.

Canadian Solar (NASDAQ:CSIQ) has a recorded net income of $274.19 million. CSIQ has generated -$0.12 earnings per share over the last four quarters.

Canadian Solar (NASDAQ:CSIQ) has a forward price-to-earnings ratio of 194.50. The price/earnings-to-growth ratio is 8.89.

Canadian Solar's earnings are expected to grow from $0.06 per share to $0.93 per share in the next year, which is a 1,450.00% increase.

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This page (NASDAQ:CSIQ) was last updated on 12/17/2024 by MarketBeat.com Staff
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