Canadian Solar (CSIQ) Q2 Earnings Surpass Estimates

Canadian Solar (CSIQ) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $2.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 300%. A quarter ago, it was expected that this solar wafers manufacturer would post a loss of $0.34 per share when it actually produced earnings of $0.19, delivering a surprise of 155.88%.Over the last fou ...