|Bid||17.95 x 900|
|Ask||17.96 x 900|
|Day's Range||17.92 - 18.69|
|52 Week Range||11.37 - 25.89|
|Beta (3Y Monthly)||1.42|
|PE Ratio (TTM)||4.66|
|Earnings Date||May 14, 2019 - May 21, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||20.66|
Canadian Solar (CSIQ) closed the most recent trading day at $18.50, moving -1.33% from the previous trading session.
The Canadian Solar earnings report for the fourth quarter of 2018 has CSIQ stock falling hard on Thursday.Source: Shutterstock The bad news for Canadian Solar (NASDAQ:CSIQ) stock has to do with the company's outlook for 2019. This includes the company saying that it is expecting net profit for the first quarter of the year to be low or negative when compared to the first quarter of 2018.To go along with the low net profit guidance for the first quarter is a grim revenue outlook. Canadian Solar notes that it is expecting revenue for the period to range from $450 million to $480 million. That will have it coming in well below Wall Street's revenue estimate of $875.41 million for the quarter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe outlook for the full year of 2019 in the most recent Canadian Solar earnings report also doesn't look good. This includes the solar panel manufacturing company saying that it expects net profit for the year to be lower than it was in the previous year. * 10 Stocks on the Rise Heading Into the Second Quarter The Canadian Solar earnings report for the fourth quarter of 2018 also includes its revenue outlook for 2019. The company is expecting revenue to for the year to come in between $3.50 billion and $3.80 billion. Unfortunately for CSIQ stock, analysts are looking for it to report revenue of $3.94 billion for the full year of 2019.CSIQ stock was down 16% as of Thursday afternoon, but is up 63% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Canadian Solar Earnings: CSIQ Stock Slides Lower on Profit Warning appeared first on InvestorPlace.
Canadian Solar plunged $4.07, or 17.3%, to $19.55 in trading Tuesday on the new guidance company executives put forward that was below forecasts. Canadian Solar expects its profit to be less in 2019 than it was this past year, citing lower module ASP and lower sales from solar projects. This acceleration, however, will result in a reduction in solar project sale revenue and profit in 2019," Canadian Solar CEO Shawn Qu said in a press release.
Canadian Solar (CSIQ) reported earnings of $1.81 per share in the fourth quarter of 2018 compared with $1.01 in the year-ago quarter.
HENDERSON, NV / ACCESSWIRE / March 21, 2019 / The electricity consumption of cannabis grow houses is staggering when compared to business and residential use. In 2015, the average electricity consumption ...
The Guelph, Ontario-based company said it had profit of $1.81 per share. Earnings, adjusted for non-recurring gains, were $1.61 per share. The solar wafers manufacturer posted revenue of $901 million in ...
GUELPH, Ontario , March 21, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced ...
The Invesco Solar ETF (TAN), the largest exchange traded fund dedicated to solar equities, is higher by nearly 30% year-to-date, making it one of 2019's best-performing non-leveraged ETFs. TAN could deliver more upside if analysts' expectations on some of the fund's marquee holdings are proven accurate. TAN, which is nearly 12 years old, follows the MAC Global Solar Energy Index.
Canadian Solar's (CSIQ) consistent focus on reducing its cost of production is commendable. This should get duly reflected in its Q4 results.
First Solar’s Indicators, Valuation, Price Targets, and More(Continued from Prior Part)Valuation Let’s look at the current valuations for the top solar stocks in this part of our series. First Solar (FSLR) stock is currently trading at a forward
Canadian Solar (CSIQ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Momo's (MOMO) fourth-quarter 2018 results are expected to benefit from its expanding user base and robust growth of Tantan Limited. However, decelerating live-video business is a concern.