Canadian Solar Inc's earnings of $1.44 fell short of expectations, while profits exceeded forecasts.

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Canadian Solar Inc's earnings of $1.44 fell short of expectations, while profits exceeded forecasts.

According to Canadian Solar Inc's (NASDAQ: CSIQ) report, the fourth quarter earnings per share were -$1.47, which is $1.44 worse than analysts' expectations of -$0.03. The profit reported for this quarter was set at $1.67 billion, while analyst expectations were at $1.64 billion.

For Q1 2025, Canadian Solar Inc's earnings are projected to be between $1.00 billion and $1.20 billion, compared to analyst estimates of $1.62 billion. The company's full fiscal year 2025 profit is estimated to be between $7.30 billion and $8.30 billion, while analysts had estimated $7.46 billion. Canadian Solar Inc shares closed at $9.71, reflecting a 15.71% decline over the past three months and a 46.00% drop over the last 12 months.