• Canadian Solar Inc CSIQ.OQ reported a quarterly adjusted loss of 21 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of nine analysts for the quarter was for a loss of 17 cents per share. Wall Street expected results to range from -84 cents to 24 cents per share.

• Revenue fell 18.3% to $1.51 billion from a year ago; analysts expected $1.71 billion.

• Canadian Solar Inc's reported EPS for the quarter was a loss of 31 cents​.

• The company reported a quarterly loss of $14.03 million.

• Canadian Solar Inc shares had fallen by 28.0% this quarter and lost 54.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 37.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 3 "hold" and 3 "sell" or "strong sell."

• The average consensus recommendation for the renewable energy equipment & services peer group is also "hold"

Wall Street's median 12-month price target for Canadian Solar Inc is $16.00

This summary was machine generated from LSEG data December 5 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)