Canadian Solar (CSIQ) Reports Q4 Loss, Lags Revenue Estimates

Core Viewpoint - Canadian Solar reported a quarterly loss of $1.66 per share, which was worse than the Zacks Consensus Estimate of a loss of $1.1, and compared to a loss of $1.47 per share a year ago, indicating a significant earnings surprise of -51.60% [1] Financial Performance - The company posted revenues of $1.22 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 12.37%, and down from $1.52 billion in the same quarter last year [2] - Over the last four quarters, Canadian Solar has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Canadian Solar shares have declined approximately 22.1% since the beginning of the year, while the S&P 500 has only declined by 3.2% [3] - The current Zacks Rank for Canadian Solar is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.65 on revenues of $1.59 billion, and for the current fiscal year, it is -$0.13 on revenues of $7.76 billion [7] - The estimate revisions trend for Canadian Solar was mixed ahead of the earnings release, which could change following the recent report [6] Industry Context - The solar industry is currently ranked in the bottom 26% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact the stock's performance [8] - Another company in the same industry, T1 Energy Inc, is expected to report quarterly earnings of $0.03 per share, reflecting a year-over-year change of +121.4% [9]