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Canadian Solar Inc. (CSIQ) Misses Q4 EPS by 7c; Shipments Up 18.5%; Guides Q111 Shipments Flat

March 10, 2011 6:26 AM
Canadian Solar Inc. (NASDAQ: CSIQ) reported Q4 EPS of $0.58, $0.07 worse than the analyst estimate of $0.65. Revenue for the quarter came in at $452.7 million versus the consensus estimate of $417.56 million.

Shipments for the fourth quarter of 2010 increased 18.5% to 237-MW.

Sees Q111 shipments level with Q409.

Reiterates FY11 shipments outlook.

Categories

Earnings Guidance