Group 1: Earnings Performance - Canadian Solar reported a quarterly loss of $0.53 per share, missing the Zacks Consensus Estimate of $0.76, and compared to earnings of $0.02 per share a year ago, representing an earnings surprise of -169.74% [1] - The company posted revenues of $1.69 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 11.72%, and compared to year-ago revenues of $1.64 billion [2] - Over the last four quarters, Canadian Solar has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Group 2: Stock Performance and Outlook - Canadian Solar shares have increased approximately 14.7% since the beginning of the year, outperforming the S&P 500's gain of 8.7% [3] - The company's earnings outlook, including current consensus earnings expectations for upcoming quarters, will be crucial for investors [4] - The current consensus EPS estimate for the coming quarter is -$0.82 on $1.64 billion in revenues, and -$1.74 on $6.25 billion in revenues for the current fiscal year [7] Group 3: Industry Context - The Zacks Solar industry is currently in the bottom 31% of over 250 Zacks industries, indicating that the outlook for the industry can significantly impact stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for Canadian Solar was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6]
Canadian Solar (CSIQ) Reports Q2 Loss, Lags Revenue Estimates