Canadian Solar Reports Third Quarter 2019 Results
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Canadian Solar (CSIQ) Misses Q3 EPS by 14c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus
November 12, 2019 4:03 PM ESTCanadian Solar (NASDAQ: CSIQ) reported Q3 EPS of $0.66, $0.14 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $759.9 million versus the consensus estimate of $799.55 million.
GUIDANCE:
Canadian Solar sees Q4 2019 revenue of $850-880 million, versus the consensus of $1320 million.
The Company's business outlook is based on management's current views and estimates given existing market conditions, the Company's order book and production capacity, the timing of project sales, and the global economic environment. This outlook is subject to uncertainty with... More
