Canadian Solar (CSIQ) Reports Q2 Loss of $0.15 on Revenues of $628.7M; Offers 3Q Revenue Guidance Below Consensus
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Go back to Canadian Solar (CSIQ) Reports Q2 Loss of $0.15 on Revenues of $628.7M; Offers 3Q Revenue Guidance Below Consensus
August 16, 2017 8:50 AM EDT
FBR Capital raised its price target on Canadian Solar (NASDAQ: CSIQ) to $15.00 (from $13.00) while maintaining a Neutral rating following the company's 2Q. CSIQ reported 2Q17 revenue of $692.4M (versus guidance of $615M to $635M) on strong module shipments, higher ASPs, and cost controls.... More
August 15, 2017 1:29 PM EDT
FBR Capital raised its price target on Canadian Solar (NASDAQ: CSIQ) to $15.00 (from $13.00) while maintaining a Neutral rating, following the company's second quarter earnings report.
Analyst Carter Driscoll notes the company delivered second quarter earnings per share and revenues above consensus projections, highlighted... More
August 15, 2017 8:35 AM EDT
Cowen raised its price target on Canadian Solar (NASDAQ: CSIQ) to $17.00 (from $16.00) while maintaining a Market Perform rating following the company's 2Q. Revenue of $692.4mn came in above the consensus estimates of $628.0mn. Adjusted EPS of ($0.15) was below the consensus of $0.00.
The outlook... More
August 11, 2017 2:17 PM EDT
Susquehanna options strategist Alison Edwards notes continued upside positioning in Canadian Solar (NASDAQ: CSIQ), as an opening investor purchased 5,000 Sep 17 Calls vs. selling 5,000 each in both Sep 18 and 19 Calls, for even money. The ATM call buying suggests sentiment that the investor is looking for upside... More
