Canadian Solar (CSIQ) Misses Q3 EPS by 10c, provides guidance
Canadian Solar (NASDAQ: CSIQ) reported Q3 EPS of ($0.21), $0.10 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.71 billion.
GUIDANCE:
Canadian Solar sees Q4 2024 revenue of $1.5-1.7 billion, versus the consensus of $2.145 billion. For the full year of 2025, the Company expects total module shipments to be in the range of 30 GW to 35 GW and CSI Solar\'s total battery energy storage shipments in the range of 11 GWh to 13 GWh, including approximately 1 GW and 1 GWh respectively to the Company\'s own projects.
For earnings history and earnings-related data on Canadian Solar (CSIQ) click here.
