Canadian Solar (CSIQ) Reports Q3 Loss, Misses Revenue Estimates

Canadian Solar (CSIQ) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to earnings of $0.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.55%. A quarter ago, it was expected that this solar wafers manufacturer would post a loss of $0.01 per share when it actually produced earnings of $0.02, delivering a surprise of 300%.Over the last four quarters, the ...