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Invest in CSIQ
$9.80
-0.0200 (-0.204%)
At Close: May 23, 2025
Canadian Solar. Earnings Calls
Q1 2025
Beat
-$1.07 (28.67%)
| Release date | May 15, 2025 |
| EPS estimate | -$1.50 |
| EPS actual | -$1.07 |
| EPS Surprise | 28.67% |
| Revenue estimate | 1.948B |
| Revenue actual | 1.197B |
| Revenue Surprise | -38.56% |
Q4 2024
Missed
-$1.47 (-600.00%)
| Release date | Mar 25, 2025 |
| EPS estimate | -$0.210 |
| EPS actual | -$1.47 |
| EPS Surprise | -600.00% |
| Revenue estimate | 1.563B |
| Revenue actual | 1.521B |
| Revenue Surprise | -2.67% |
Q3 2024
Missed
-$0.310 (-82.35%)
| Release date | Dec 05, 2024 |
| EPS estimate | -$0.170 |
| EPS actual | -$0.310 |
| EPS Surprise | -82.35% |
| Revenue estimate | 1.655B |
| Revenue actual | 1.508B |
| Revenue Surprise | -8.93% |
Q2 2024
Missed
$0.0200 (-61.54%)
| Release date | Aug 22, 2024 |
| EPS estimate | $0.0520 |
| EPS actual | $0.0200 |
| EPS Surprise | -61.54% |
| Revenue estimate | 1.586B |
| Revenue actual | 1.635B |
| Revenue Surprise | 3.11% |
Last 4 Quarters for Canadian Solar.
Below you can see how CSIQ performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
Missed
| Release date | Aug 22, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $12.28 |
| EPS estimate | $0.0520 |
| EPS actual | $0.0200 |
| EPS surprise | -61.54% |
| Date | Price |
|---|---|
| Aug 16, 2024 | $14.75 |
| Aug 19, 2024 | $14.86 |
| Aug 20, 2024 | $14.49 |
| Aug 21, 2024 | $14.56 |
| Aug 22, 2024 | $12.28 |
| Aug 23, 2024 | $13.48 |
| Aug 26, 2024 | $13.53 |
| Aug 27, 2024 | $13.04 |
| Aug 28, 2024 | $12.40 |
| 4 days before | -16.75% |
| 4 days after | 0.98% |
| On release day | 9.77% |
| Change in period | -15.93% |
Q3 2024
Missed
| Release date | Dec 05, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $11.46 |
| EPS estimate | -$0.170 |
| EPS actual | -$0.310 |
| EPS surprise | -82.35% |
| Date | Price |
|---|---|
| Nov 29, 2024 | $12.41 |
| Dec 02, 2024 | $12.72 |
| Dec 03, 2024 | $12.58 |
| Dec 04, 2024 | $12.07 |
| Dec 05, 2024 | $11.46 |
| Dec 06, 2024 | $12.01 |
| Dec 09, 2024 | $12.53 |
| Dec 10, 2024 | $12.65 |
| Dec 11, 2024 | $12.78 |
| 4 days before | -7.66% |
| 4 days after | 11.52% |
| On release day | 4.80% |
| Change in period | 2.98% |
Q4 2024
Missed
| Release date | Mar 25, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $9.76 |
| EPS estimate | -$0.210 |
| EPS actual | -$1.47 |
| EPS surprise | -600.00% |
| Date | Price |
|---|---|
| Mar 19, 2025 | $10.53 |
| Mar 20, 2025 | $10.15 |
| Mar 21, 2025 | $9.96 |
| Mar 24, 2025 | $9.71 |
| Mar 25, 2025 | $9.76 |
| Mar 26, 2025 | $9.94 |
| Mar 27, 2025 | $9.59 |
| Mar 28, 2025 | $9.23 |
| Mar 31, 2025 | $8.65 |
| 4 days before | -7.31% |
| 4 days after | -11.37% |
| On release day | 1.84% |
| Change in period | -17.85% |
Q1 2025
Beat
| Release date | May 15, 2025 |
| Fiscal end date | Mar 30, 2025 |
| Price on release | $10.69 |
| EPS estimate | -$1.50 |
| EPS actual | -$1.07 |
| EPS surprise | 28.67% |
| Date | Price |
|---|---|
| May 09, 2025 | $9.79 |
| May 12, 2025 | $10.59 |
| May 13, 2025 | $10.15 |
| May 14, 2025 | $10.11 |
| May 15, 2025 | $10.69 |
| May 16, 2025 | $10.85 |
| May 19, 2025 | $10.68 |
| May 20, 2025 | $10.93 |
| May 21, 2025 | $10.50 |
| 4 days before | 9.19% |
| 4 days after | -1.78% |
| On release day | 1.50% |
| Change in period | 7.25% |
Canadian Solar. Earnings Call Transcript Summary of Q1 2025
Summary of Key Points from Canadian Solar's Q1 2025 Earnings Call for Investors
Company Overview:
- The earnings call included leadership from Canadian Solar, including CEO Dr. Shawn Qu and subsidiary heads Yan Zhuang (CSI Solar) and Ismael Guerrero (Recurrent Energy).
Financial Performance:
- Module Shipments: 6.9 gigawatts, slightly above guidance.
- Revenue: $1.2 billion, meeting the high end of forecast.
- Gross Margin: 11.7%, slightly above expectations but impacted by storage contributions and tariff-related costs.
- Net Loss: $34 million, or $0.69 per diluted share.
- Operating Income: $2 million from CSI Solar.
- Energy Storage: 849 megawatt hours shipped, aligned with expectations.
Market Challenges and Strategies:
- Supply Chain Overcapacity: Ongoing issues leading to lower module pricing and increased competition.
- Profit-Focused Approach: Strategy to manage volume in less profitable markets and leverage blended supply chains.
- Operational Efficiency: Focus on managing operating expenses and capital expenditures.
Technology and Innovations:
- Newly introduced products include high-efficiency solar modules and enhancements to battery technologies, emphasizing durability and performance.
- Innovative products help lower energy costs and improve project economics.
Business Outlook:
- Q2 2025 Guidance: Expect module shipments of 7.5-8 gigawatts and energy storage of 2.4-2.6 gigawatt hours.
- Revenue Forecast: Project $1.9 billion to $2.1 billion with improved margins anticipated due to deconsolidation of a US project.
- Full Year 2025 Guidance Update: Module shipment guidance reduced to 25-30 gigawatts; energy storage adjusted to 7-9 gigawatt hours.
- Total Revenue Expected: Between $6.1 billion and $7.1 billion for 2025.
U.S. Policy Environment and Trade Negotiations:
- Concerns over FEOC provisions in U.S. legislation and impact on manufacturing and project compliance.
- Management is actively monitoring policy changes and may need to adjust capital structures depending on final legislation outcomes.
Long-term Growth Potential:
- Confidence in future growth driven by rising global electricity demand and technological leadership in solar and storage.
- Strong project pipeline with significant potential in energy storage indicated by a record backlog.
Investment Highlights:
- Continued commitment to research and development.
- Strategic positioning in domestic and international solar markets.
- Financial guidance reflects cautious optimism and a strong focus on profitability in uncertain market conditions.
This summary encapsulates the main themes and insights from the earnings call, providing a concise overview for investors considering Canadian Solar's performance and strategic direction.
Canadian Solar. Earnings History
Earnings Calendar
FAQ
When is the earnings report for CSIQ?
Canadian Solar Inc. (CSIQ) has scheduled its earnings report for Aug 28, 2025 before the markets open.
What is the CSIQ price-to-earnings (P/E) ratio?
CSIQ P/E ratio as of May 23, 2025 (TTM) is 18.20.
What is the CSIQ EPS forecast?
The forecasted EPS (Earnings Per Share) for Canadian Solar Inc. (CSIQ) for the first fiscal quarter 2025 is $0.94.
What are Canadian Solar Inc.'s retained earnings?
On its balance sheet, Canadian Solar Inc. reported retained earnings of $1.20 billion for the latest quarter ending Mar 30, 2025.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
